Sangam Renewables Ltd IPO

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Public issue of 23,04,000 equity shares of Rs. 10/- each (Equity Shares) of Sangam Advisors Limited (SAL or The Company or The Issuer) for cash at price of Rs. 22/- per share (The Issue Price), aggregating to Rs. 5.07 crores (The Issue), of which, 3,42,000 equity shares of Rs. 10/- each will be reserved for subscription by Market Makers to the issue (The Market Makers Reservation Portion). The issue less the market maker reservation portion i.e. issue of 19,62,000 equity shares of Rs. 10 each is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 37.75% and 32.15%, respectively of the post issue paid up equity share capital of the company. The face value of equity shares is Rs. 10. The issue price is Rs. 22. The issue price is 2.20 times of the face value.

Sangam Renewables Ltd IPO Subscription Details


Sangam Renewables Ltd

Issue Type

Fixed Price - SME

Open Date

24 Jul

Close Date

26 Jul

Offer Price


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Contact Details of Sangam Renewables Ltd IPO

Company Contact Information

Sangam Renewables Ltd IPO
504-B Western Edge-1,
Off W/E Highway Borivali (E),
Mumbai, Maharashtra 400066.

Phone: 91-22-43331500
Email: info@sangamrenew.com

Sangam Renewables Ltd IPO Register

Purva Sharegistry (I) Pvt Ltd

Sangam Renewables Ltd IPO Lead Manager(s)

  • Aryaman Financial Services Ltd

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