Sylph Education Solutions Ltd IPO


IPO Details

  • Open Date 10-Feb-16
  • Close Date 15-Feb-16
  • Lot Size 10000
  • IPO Size ₹ 4.8 Cr
  • IPO Price Range ₹ 12
  • Min Investment ₹ 120000

IPO Synopsis

Public issue of 40,00,000 equity shares of face value Rs. 10/- each of Sylph Education Solutions Limited (SESL or the company or the issuer) for cash at a price of Rs. 12 per share (The issue price), including a share premium of Rs. 2 per equity share aggregating to Rs. 4.80 crores (The issue), of which 2,00,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (The market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 38,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 12 aggregating to Rs. 4.56 crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.67% and 25.33%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and The issue price is 12/- each. The Issue price is 1.2 (One point two) times of 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 Sylph Education Solutions Ltd IPO

Contact Information

Second Floor 448-D,
Scheme No 51 Sangam Nagar,
Indore, Madhya Pradesh 452006

Sylph Education Solutions Ltd IPO Lead Manager

Corporate Strategic Allianz Ltd