anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Somi Conveyor Beltings Ltd
Registered Office: 4F-15 Oliver House, New Power House Road, Jodhpur - 342001, Rajasthan
Phone: 1
Email: 1
Website: 1
Issue of 62,27,860 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share (including a Premium of Rs.25/-per Equity Share) of Somi Conveyor Beltings Ltd for cash aggregating to Rs.21.80 Crores ("issue"). The issue comprises of contribution by promoters, of 14,99,286 equity shares of Rs. 10/- each at a price of Rs.35 per equity share for cash aggregating to Rs.5.25 Crores ("promoter's contribution portion"), and the net issue to the public of 47,28,574 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share for cash aggregating to Rs.16.55 Crores ("net issue to public") including an allocation of atleast 10% of the net issue to the public to Aualified Institutional Buyers ("QIB Portion"). The net issue to public would constitute 40% of the fully diluted post issue paid up capital of the company. The issue price is 3.5 times of the face value of the equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
24-Jun-2008 27-Jun-2008 35.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 35.09
Project Financed through Current Offer 21.80
Post Issue Equity Share Capital 11.78
Issue Price 35.00
Projects
Setting up of new Manufacturing Unit
Purchase of Land and Building for the premises
To Meet Margin Money requirement
Interest Cost During the Construction Period
Promoted By
Om Prakash Bhansali
Vimal Bhansali
Gaurav Bhansali
BSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.