:::LALKAR GROUP::::

South West Pinnacle Exploration Ltd

Registered Office: Ground Plaza,No 15 Sector-44, Gurgaon - 122003, Haryana, India.
Phone : 91-124-4235400 Fax:91-124-4235402
Email : secretarial@southwestpinnacle.com
Website : www.southwestpinnacle.com

Initial public offer consisting of fresh issue of 45,96,800 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 78 Per equity share (the "issue price") (including a share premium of Rs. 68 Per equity share) aggregating up to Rs. 35.86 crores (the "issue"), of which 2,35,200 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 1.83 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion") and 80,000 Equity shares of Rs. 10/- each for cash at price of Rs. 78 Per equity share aggregating Rs. 0.62 crores will be reserved for subscription by eligible employees (the "employees reservation portion"). The issue less market maker reservation portion and employees reservation portion i.e. Issue of 42,81,600 Equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78/- per equity share, aggregating Rs. 33.40 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 32.95% and 30.69% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10 each. The issue price is Rs.78 and is 7.8 times the face value of the equity shares.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
06-Feb-18	08-Feb-18	78.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 1600 Further Multiples of : 1600

	(Rs)	Lead Managers to the Issue
Project Cost	36.28	Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer	35.86
Post Issue Equity Share Capital	13.95
Issue Price	78.00

Projects

Repayment / Prepayment of certain unsecured borrowings availed by the company	Funding the working capital requirements of the company
General corporate purposes	Repayment/prepayment of certain secured borrowings availed by the company
Purchase of Machinery

Promoted By

Vikas Jain

Piyush Jain

Listing At

NSE - SME

Registrar to the Issue

No Data Available