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Home >> Markets >> IPO - Forthcoming IPO's
IPO
As on Jun 29,2018 10:34 AM
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S.S. Infrastructure Development Consultants Ltd
Registered Office: Flat No. 15 Jabbar Buildings, Begumpet, Hyderabad - 500016, Telangana
Phone: 91-040-66310224
Email: info@ssidcon.org
Website: www.ssidcon.org
Initial public offer consisting of fresh issue of 42,80,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 40 per equity share (the "issue price") (including a share premium of Rs. 30 per equity share) aggregating to Rs. 17.11 crores (the "issue"), of which 2,22,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40 per equity share, aggregating Rs. 0.89 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 40,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 40 per equity share, aggregating Rs. 16.22 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 30.19% and 28.62% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity share is Rs.10 each and issue price is 4 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Mar-2018 05-Apr-2018 (Rs) 40.00 - 0.00 (Rs) 0.00 - 0.00
(Rs)Cr. Lead Managers to the Issue
Project Cost 17.11
Project Financed through Current Offer 17.11
Post Issue Equity Share Capital 14.17
Issue Price (Rs) 40.00
Projects
Renovation of existing offices and opening of new branch office
Purchasing of software's and hardware's
Repayment of secured & unsecured loans availed by the company
Funding thhe working capital requirements of the company
General corporate purpose
Promoted By
Satyanarayana Sundara
Seshagiri Rao Palle
NSE - SME
Registrar to the Issue