IPO Issue Details
Issue Price / Price Band₹22 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size6,000 Shares per Lot
Total Issue Size23,16,000 shares (aggregating up to ₹5.10 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 24 Jul 2012
Subscription CloseThu, 26 Jul 2012
Anchor AllotmentMon, 23 Jul 2012
Basis of AllotmentWed, 01 Aug 2012
Initiation of RefundsThu, 02 Aug 2012
Credit of Shares to DematThu, 02 Aug 2012
Listing DateThu, 09 Aug 2012
UPI Mandate Deadline2012-07-26
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 6,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 12,000 shares
Net Offer to Public19,74,000 shares (aggregating up to ₹4.34 Cr)
Reserved for Market Maker3,42,000 shares (aggregating up to ₹0.7524 Cr)
Pre-IPO Promoter Holding37,98,875 shares
Post-IPO Promoter Holding61,02,875 shares
About Sangam Advisors Ltd.
Sangam Advisors Ltd is incorporated in 1999 and engaged in the business of providing diversified financial services with primary focus in assisting small and medium enterprises (SMEs) in corporate and non corporate sector in their financial planning and arranging funds for them. They are also engaged in the business of investing in shares and other securities.Service Offered by Sangam Advisors Ltd Includes:1. Debt Syndication Advisory Services2. Corporate Advisory3. Investment in Shares / Debentures / Bonds
Objects of the Issue
Sangam Advisors Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Investments in listed / unlisted securities and financial products
4.55
3
3 General Corporate Expenses
0.10
Shareholding & Lock-in
Pre-IPO Promoter Holding
37,98,875 shares
Post-IPO Promoter Holding
61,02,875 shares