IPO

Starlit Power Systems Ltd IPO

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Public issue of 16,40,000 equity shares of face value of Rs. 10/- each fully paid of Starlit Power Systems Limited (SPSL or the company or the issuer) for cash at a price of Rs. 18/- per equity share (the issue price) (including a share premium of Rs. 8/- per equity share aggregating Rs. 2.95 crores (the issue) by the company, of which 88,000 equity shares of Rs. 10/- fully paid each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 15,52,000 equity shares of Rs. 10/- each fully paid is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.82% and 25.38%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each. The issue price is Rs. 18/-. The issue price is 1.80 times the face value.

Starlit Power Systems Ltd IPO Subscription Details

Company

Starlit Power Systems Ltd

Issue Type

Fixed Price - SME

Open Date

29 Sep

Close Date

10 Oct

Offer Price

18.00

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How to apply IPO on 5paisa app?

  • 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 Starlit Power Systems Ltd IPO

Company Contact Information

Starlit Power Systems Ltd IPO
A-1/51 LGF,
Safdarjung Enclave,
New Delhi, Delhi 110029.

Phone: 91-11-26102570/46037870
Email: secretarial@starlitgroup.net

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Starlit Power Systems Ltd IPO Lead Manager(s)

  • Sarthi Capital Advisors Pvt Ltd

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