IPO Issue Details
Issue Price / Price Band₹30 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size200 Shares per Lot
Total Issue Size1,20,08,886 shares (aggregating up to ₹36.03 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 27 Dec 2010
Subscription CloseWed, 29 Dec 2010
Anchor AllotmentSun, 26 Dec 2010
Basis of AllotmentTue, 04 Jan 2011
Initiation of RefundsWed, 05 Jan 2011
Credit of Shares to DematWed, 05 Jan 2011
Listing DateWed, 12 Jan 2011
UPI Mandate Deadline2010-12-29
Application & Investment Details
Retail — Min (1 Lots)₹6,000 — 200 shares
Retail — Max (13 Lots)₹78,000 (13 Lots)
HNI — Min (34 Lots)₹2,04,000 — 6,800 shares
Pre-IPO Promoter Holding1,00,02,181 shares
Post-IPO Promoter Holding2,20,02,181 shares
About Shekhawati Poly-Yarn Ltd.
Incorporated in 1990, Shekhawati Poly-Yarn Ltd is a leading manufacturer of Polyester Texturised Yarn & Twisted Yarn.Polyester Texturised Yarn (PTY) mainly used for manufacturing apparels i.e. suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery. Polyester Texturised Yarn is obtained after further processing of POY.Presently, Shekhawati has 20 Texturising Machines with an installed capacity of 13,200 MTPA to produce PTY. It also has installed 5 TFO machines to produce Twisted Yarn with installed capacity of 600 MTPA. Company has implemented an integrated facility at Silvassa for manufacturing PTY with a total project cost of Rs. 40.15 Crores. Under this Company has established Yarn Texturising Facility of 14200 MTPA with 20 Texturising Machines.SPYL has client base in Mumbai, Bhiwandi, Surat, Ludhiana, Secunderabad, Meerut, Panipat, Delhi, Bhilwara, Erode, Salem, Coimbatore, Ichalkaranji, Malegaon and Calcutta markets. Shekhawati's manufacturing units is located at Silvassa, which is near to Bhiwandi and Surat, the major consumption centres of Texturised Yarn.
Objects of the Issue
Shekhawati Poly-Yarn Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To acquire Factory Building
2
2 To acquire Corporate Office Building
3
3 To repay loans aggregating to Rs.337.53 Lacs obtained for acquiring factory building, corporate office and payment towards issue expenses
4
4 To meet IPO expenses of Rs. 274.27 Lacs
5
5 To meet working capital margin money requirements
6
6 To get the Equity Shares of the Company listed on BSE and NSE
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,00,02,181 shares
Post-IPO Promoter Holding
2,20,02,181 shares