Registered Office:
Unit #B-1 Lower Grnd Flr Jewel,World (Cotton Exch Bld) 175 Ka,
Mumbai
-
400002,
Maharashtra, India.
Phone :
+91 90044 29107 Fax:
Email :
cs@shringar.ms
Website :
www.shringar.ms
Initial public offering of up to 24,300,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Shringar House of Mangalsutra Limited ("the company" or "issuer") for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) ("issue price") aggregating up to Rs. [*] crores ("issue"). The issue comprises a fresh issue of up to 24,300,000 equity shares aggregating up to Rs. [*] crores ("fresh issue"). The issue shall constitute [*] % of the post-issue paid-up equity share capital of the company.
This issue includes a reservation of up to 20,000 equity shares of face value of Rs.10 each aggregating up to Rs.[*] (constituting up to [*]% of the post-issue paid-up equity share capital) for purchase by eligible employees (the "employee reservation portion"). The issue less the employee reservation portion is hereinafter referred to as the "net issue". The issue and the net issue would constitute [*]% and [*]%, respectively, of its post-issue paid-up equity share capital. The company, in consultation with the brlm, may offer a discount of up to [*]% (equivalent to Rs.[*] per equity share) to the issue price to eligible employees bidding in the employee reservation portion ("employee discount").
Price band: Rs. 155 to Rs. 165 per equity share of face value of Rs. 10 each.
The floor price and the cap price are 15.5 times and 16.5 times the face value of the equity shares, respectively.
Bids can be made for a minimum of 90 and in multiples of 90 equity shares of face value of Rs. 10 each thereafter.
A discount of Rs.15 per equity share is being offered to eligible employees bidding in the employee reservation portion.