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IPO Details


SSPN Finance Ltd
Registered Office: Office No 2 plot No 192, Vaintheya CHS Ltd SV Road Vile, Mumbai - 400056, Maharashtra
Phone: 91-22-61275138
Email: sspnfinance@gmail.com
Website: www.sspn.co.in
Public issue of 7,50,000 equity shares of face value of Rs. 10 each ("equity shares") of SSPN Finance Limited (the "company" or the "issuer") for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the "issue price"), aggregating Rs. 1.50 crores ("the issue"), of which 42,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.08 crores will be reserved for subscription by the market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 7,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 1.42 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 39.62% and 37.40% respectively of the fully diluted post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Mar-2015 12-Mar-2015 20.00 0.00
Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0
()Cr. Lead Managers to the Issue
Project Cost 1.50 First Overseas Capital Ltd
Project Financed through Current Offer 1.50
Post Issue Equity Share Capital 1.89
Issue Price 20.00
Projects
Augmenting long term working capital
Promoted By
Chandu K Jain
Keshrimal B Jain
Chandu K Jain HUF
Listing At
BSE - SME
Registrar to the Issue

INDIAN INDICES

Sensex

83,755.87 1,000.36 (1.21%)

Nifty

25,549.00 304.25 (1.21%)

GLOBAL INDICES

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NASDAQ
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