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Sheetal Universal Ltd

Registered Office: # 348 2nd Flr Iscon Mall,150 Feet Ring Road, Rajkot - 360005, Gujarat, India.
Phone : +919099302638   Fax:
Email :  cs@sheetaluniversal.com  
Website :  www.sheetaluniversal.com

Public issue of 3400000 equity shares of face value of Rs. 10/- each of Sheetal Universal Limited ("Sheetal Universal" or the "Company" or the "Issuer") for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share (the "Issue Price") aggregating to Rs. 23.80 crores ("The Issue"), of which upto 172000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 1.20 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of upto 3228000 equity shares of face value of Rs. 10/- each at a price of Rs. 70 per equity share including a share premium of Rs. 60 per equity share aggregating to Rs. 22.60 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.68% and 28.18% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is Rs. 70 the issue price is 7.00 times of the face value.

Issue Money Payable On
Opens on Closes On Application Allotment
04-Dec-23 06-Dec-23 70.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 21.47 Beeline Capital Advisors Pvt Ltd
Project Financed through Current Offer 23.80  
Post Issue Equity Share Capital 11.46  
Issue Price 70.00  

Project

  • Funding capital expenditure
  • Working capital Requirement
  • General corporate purposes

Promoted By

Hiren Vallabhbhai Patel

Kajal Hiren Patel

Listing At

NSE - SME

Registrar to the Issue

No Data Available