Sancia Global Infraprojects Ltd IPO

IPO Synopsis

Initial public offering of 68,60,466 equity shares of Rs. 10/- each at a price of Rs. 86/- for cash aggregating to Rs. 59.00 crores (hereinafter referred to as the issue) including reservations for employees for 6,86,046 equity shares of Rs. 10 each at a price of Rs. 86/- each aggregating to Rs. 5.90 crores and the net issue to the public of 61,74,420 equity shares of Rs. 10 each at a price of Rs. 86/- each aggregating to Rs. 53.10 crores. The issue would Constitute 45.08% of the fully diluted post issue paid up equity capital of the company. Issue price: Rs.86/- per equity share of face value Rs.10/- each. The issue price is 8.6 times the face value.