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IPO Synopsis Saakshi Medtech & Panels Ltd
Registered Office : Plot # EL-23 J Blcok MIDC,Industrial Area Bhosari, Pune - 411026, Maharashtra, India.
Phone : +91-020 39854400   Fax:
Email : info@smtpl.co
Website :www.smtpl.co
Initial public offer of upto 46,56,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Saakshi Medtech and Panels Limited ("The Company" or "SMTPL" or "The Issuer") at an issue price of Rs. 97 per equity share for cash, aggregating up to Rs. 45.16 crores ("Public Issue") out of which 2,35,200 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating Rs. 2.28 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 44,20,800 equity shares of face value of Rs. 10 each, at an issue price of Rs. 97 per equity share for cash, aggregating upto Rs. 42.88 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 25.04% respectively of the post-issue paid-up equity share capital of the company.  
Issue Money Payable On
Opens On Closes On Application Allotment
 25-Sep-23  27-Sep-23  97.00-0.00  0.00-0.00
Minimum Application for shares in Nos :  1200   Further Multiples of :  1200
  Rs Cr Lead Managers to the Issue
Project Cost  40.68 Hem Securities Ltd
Project Financed through Current Offer  45.16  
Post Issue Equity Share Capital  17.66  
Issue Price  97.00  
Projects
 Repayment in full or in part of certain of its outstanding borrowings  Funding to meet working capital requirements
 General corporate purposes
Promoted By
 Aniket Vijay Latkar
 Chitra Vijay Latkar
Listing At
 NSE - SME
Registrar to the Issue
No Data available..!
 
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