IPO Synopsis

Siyaram Recycling Industries Ltd

Registered Office: Plot # 6&7 Village Lakhabaval-,Post Khodiyar Colony, Jamnagar - 361006, Gujarat, India. Phone : +91-75750-20500   Fax: Email : cs@siyaramindustries.co.in Website :www.siyaramindustries.co.in

Initial public offer of upto 49,92,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Siyaram Recycling Industries Limited (formerly known as Siyaram Impex Private Limited) ("The Company" or "SRIL" or "The Issuer") at an issue price of Rs. 46/- per equity share for cash, aggregating up to Rs. 22.96 crores ("Public Issue") out of which 2,52,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 46/- per equity share for cash, aggregating Rs. 1.16 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 47,40,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 46/- per equity share for cash, aggregating upto Rs. 21.80 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.56% and 25.22% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment Issue Opens On Closes On 14-Dec-23 18-Dec-23 Money Payable On Application Allotment 46.00 0.00 Minimum Application for shares in Nos : 3000 Further Multiples of : 3000 Cr Lead Managers to the Issue Project Cost (.Cr) 20.36 Hem Securities Ltd Project Financed through Current Offer (.Cr) 22.96   Post Issue Equity Share Capital (.Cr) 18.80 Issue Price () 46.00

Projects

Repayment of s portion of certain borrowings availed by the company General corporate purposes

Promoted By

Dwarkadhish Ventures Pvt Ltd

Ramgopal Ochhavlal Maheshwari

Bhavesh Ramgopal Maheshwari

Listing At

BSE - SME

Registrar to the Issue

No Data Available