IPO Synopsis

Sancode Technologies Ltd

Registered Office: 107 Prime Plaza JV Patel Comp.,B M Road Opp. Elphinstone Stn., Mumbai - 400013, Maharashtra, India. Phone : 91-022-49622853   Fax: Email : investor@sancodetech.com Website :www.sancodetech.com

Initial public offering of 10,95,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sancode Technologies Limited ("Sancode" or "The Company" or "The Issuer") for cash at a price of Rs. 47 /- per equity share (including a premium of Rs. 37/- per equity share) ("Issue Price") aggregating to Rs. 5.15 crores ("The Issue") of which 57,000 equity shares aggregating to Rs. 0.27 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 10,38,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 47/- per equity share aggregating to Rs. 4.88 crores ("Net Issue"). The issue and the net issue will constitute 26.91% and 25.51% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is 4.7 times of the face value. Minimum application size of 3000 equity shares and in multiples of 3000 equity shares thereafter. Issue Opens On Closes On 31-Mar-23 06-Apr-23 Money Payable On Application Allotment 47.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 4.71 Shreni Shares Pvt Ltd Project Financed through Current Offer (.Cr) 5.15   Post Issue Equity Share Capital (.Cr) 4.07 Issue Price () 47.00

Projects

Funding working capital requirements General corporate purposes

Promoted By

Amit Vijay Jain

Khushboo Jain

Mihir Deepak Vora

Listing At

BSE - SME

Registrar to the Issue

No Data Available