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Shayona Engineering Ltd
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compliance@shayonaengg.com Website:www.shayonaengg.com
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Public issue of up to 10,32,000 equity shares of face value
Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 140-Rs. 144 per equity share (Including a Securities Premium of Rs. 130-Rs. 134 per Equity Share) (The "Issue Price"), aggregating upto Rs. 14.45-Rs. 14.86 crores ("Issue") of the issue, 52,000 equity shares aggregating to Rs. 0.73-Rs. 0.75 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 9,80,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 140-Rs. 144 per equity share aggregating to Rs. 13.72-Rs. 14.11 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.51% and 25.18%, respectively of the post issue paid up equity share capital of the company.
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Shayona Engineering Ltd
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Rs Cr |
Lead Managers to the Issue |
| 0.00 |
| Horizon Management Pvt Ltd |
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| 14.45 |
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| 3.89 |
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| Rs.
140.00
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| Projects |
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Purchase of Plant and Machinery for the existing line of the business
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Prepayment or repayment of secured loan availed by the Company from Financial Institution
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Funding of working capital requirements of the Company
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General corporate purposes
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| Vipul Bhikhabhai Solanki |
| Kinnariben Vipulbhai Solanki |
| Gaurav Ratukumar Parekh |
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