Sheetal Cool Products Ltd IPO


IPO Subscription Details

  • Open Date 16 Oct
  • Close Date 18 Oct
  • Lot Size 1600
  • IPO Size ₹ 24 Cr
  • IPO Price Range ₹ 80
  • Min Investment ₹ 128000

IPO Synopsis

Public issue of 30,00,000 equity shares of a face value of Rs. 10/- each (the equity shares) of Sheetal Cool Products Limited (The Company or SCPL or The Issuer) for cash at a price of Rs. 80/- per equity share (including a share premium of Rs. 70.00 per equity share) (issue price) aggregating to Rs. 24.00 crores (the issue) of which 1,68,000 equity shares aggregating to Rs. 1.34 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 28,32,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 80.00 per equity share aggregating to Rs. 22.66 crores is herein after referred to as the net issue. The issue and the net issue will constitute 28.57% and 26.97%, 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. 80 and the issue price is 8 times the face value.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Sheetal Cool Products Ltd IPO

Contact Information

GIDC Plot No. 78 79 80,
Amreli, Gujarat 365601

Sheetal Cool Products Ltd IPO Lead Manager

Guiness Corporate Advisors Pvt Ltd

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