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Susan Electricals India Ltd
Registered Office:
1703 Nirmal Tower 26,Connaught Plaza,
New Delhi - 110001,
New Delhi, India.
Phone : 0120-433 1296
Fax : NA
Email :
office@seil.net.in
Website :
https://seil.net.in/
Initial public offer of 55,42,000 equity shares of face value of (
R
s
) 10/- each (the "Equity Shares") of Susan Electricals India Limited ("the Company" or "SEIL" or "the Issuer") at an offer price of (
R
s
) 127 per equity share for cash aggregating to (
R
s
) 70.38 Crores ("Public Offer") comprising of a fresh issue of 47,42,000 equity shares aggregating to (
R
s
) 60.22 Crores (the "Fresh Issue") and an offer for sale of 8,00,000 equity shares by the promoter selling shareholder, Vishal Jain ("Offer For Sale") aggregating to (
R
s
) 10.16 Crores, (hereinafter referred as "Promoter Selling Shareholders") out of which 4,58,000 equity shares of face value of (
R
s
) 10/- each at an offer price of (
R
s
) 127 per equity share for cash aggregating to (
R
s
) 5.82 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Offer of 50,84,000 equity shares of face value of (
R
s
) 10 each, at an offer price of (
R
s
) 127 per equity share for cash aggregating (
R
s
) 64.57 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.26% and 25.01% respectively of the post-offer paid-up equity share capital of the company. Price Band: (
R
s
) 127/- per equity share of face value of (
R
s
) 10/- each. The floor price is 12.70 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 1000 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
11-Jun-26
15-Jun-26
127.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 1000
(
R
s
.Cr
)
Lead Managers to the Issue
Project Cost
52.24
Seren Capital Private Limited
Project Financed through Current Offer
70.38
Post Issue Equity Share Capital
20.33
Issue Price
127.00
Projects
Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
Funding of Working Capital Requirements
General corporate purposes
Promoted By
Vishal Jain
Mahak Jain
Listing At
BSE - SME
Registrar to the Issue
Mudra RTA Ventures Pvt Ltd