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shivalic

Shivalic Power Control Ltd

Issue
Opens On	Closes On
24-Jun-24	26-Jun-24

Money Payable On
Application	Allotment
100.00	0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr)	57.67	Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer (₹.Cr)	64.32
Post Issue Equity Share Capital (₹.Cr)	24.12
Issue Price (₹)	100.00

Projects

To meet the working capital requirements of the company

Funding for procerement of new machineries

Construction of new assembly line by shedding the roof

To meet out the inorganic growth through unidentified acquisition for company

General corporate expenses

Promoted By

Amit Kanwar Jindal

Sapna Jindal

Listing At

NSE - SME

Registrar to the Issue

No Data Available

Registered Office: Plot No 72 Sector 68,IMT Faridabad, Ballabgarh - 121004, Haryana, India. Phone : +91 97183 88303 Fax:
Email : compliance@shivalic.com
Website :https://shivalic.com/

Public issue of 64,32,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Shivalic Power Control Limited (the "Company" or the "Issuer") for cash at a price of Rs. 100 per equity (the "Issue Price") aggregating to Rs. 64.32 crores ("The Issue") comprising of a fresh issue of 64,32,000 equity shares aggregating to Rs. 64.32 crores (the "Fresh Issue") of which 3,36,000 equity shares aggregating to Rs. 3.36 crores 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. net issue of 60,96,000 equity shares aggregating to Rs. 60.96 crores (the "Net Issue"). The issue and the net issue will constitute 26.67% and 25.28% respectively of the post issue paid up equity share capital of the company.