Maharashtra, India.
Public issue of 39,80,000 equity shares of (₹)10/- each of Spectrum Electrical Industries limited ("the company" or the "issuer") for cash at a price of (₹)65/- per share (the "issue price"), aggregating to (₹)25.87 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 (as defined in the section "definitions and abbreviations") (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 37,80,000 equity shares of (₹)10/- each for cash at a price of (₹)65/- per share aggregating to (₹)24.57 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.32% and 25.00%, respectively of the post issue paid up equity share capital of the company
The face value of the equity shares is (₹)10/- each and the issue price is 6.5 times the face value
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
25.87
Arihant Capital Markets Ltd