Shree Renuka Sugars Ltd IPO

IPO Synopsis

Public issue of 3,508,772 Equity Shares of face value Rs. 10/- each at a price of Rs. 285/- for cash at a premium aggregating Rs. 100 crores. There will also be a Green Shoe Option of 350,877 equity shares for cash at a price of Rs. 285 per equity share aggregating Rs. 10 crores. The issue and the Green Shoe Option aggregate Rs.10 crores. The face value of the equity share is Rs. 10/-. The issue will constitute 14.93% of the fully diluted post issue paid-up capital of the company assuming that the Green shoe option is not exercised and 16.18% assuming that the Green Shoe option is exercised in full.

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