IPO

Sarthak Metals Ltd IPO

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Public offer of 36,36,000 equity shares of face value of Rs. 10.00 each of Sarthak Metals Limited (the company or SML) for cash at a price of Rs. 30.00 per equity share (including a share premium of Rs. 20.00 per equity share) (offer price) aggregating to Rs. 10.91 crores (the offer) consisting of a fresh issue of 16,00,000 equity shares aggregating to Rs. 4.80 crores (the fresh issue) and an offer for sale of 20,36,000 equity shares by the selling shareholders aggregating to Rs. 6.11 crores (offer for sale) and together with the fresh issue (the offer) of which, 1,96,000 equity shares aggregating to Rs. 0.59 crores will be reserved for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of 34,40,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 30.00 per equity share aggregating to Rs. 10.32 crores is hereinafter referred to as the net offer. The offer and the net offer will constitute 26.56% and 25.13%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the offer price of Rs. 30.00/- is 3.00 times of the face value.

Sarthak Metals Ltd IPO Subscription Details

Company

Sarthak Metals Ltd

Issue Type

Fixed Price - SME

Open Date

10 Mar

Close Date

17 Mar

Offer Price

30.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Sarthak Metals Ltd IPO

Company Contact Information

Sarthak Metals Ltd IPO
BBC Colony GE Road,
Khursipar,
Bhilai, Chattisgarh 490011.

Phone: 91-788-3290584/2296495
Email: cs@sarthakmetals.com

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