IPO Issue Details
Issue Price / Price Band₹69 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size79 Shares per Lot
Total Issue Size80,98,762 shares (aggregating up to ₹55.88 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 22 Mar 2011
Subscription CloseFri, 25 Mar 2011
Anchor AllotmentMon, 21 Mar 2011
Basis of AllotmentThu, 31 Mar 2011
Initiation of RefundsFri, 01 Apr 2011
Credit of Shares to DematFri, 01 Apr 2011
Listing DateFri, 08 Apr 2011
UPI Mandate Deadline2011-03-25
Application & Investment Details
Retail — Min (1 Lots)₹5,451 — 79 shares
Retail — Max (13 Lots)₹70,863 (13 Lots)
HNI — Min (37 Lots)₹2,01,687 — 2,923 shares
Pre-IPO Promoter Holding2,42,00,000 shares
Post-IPO Promoter Holding3,22,98,145 shares
About Shilpi Cable Technologies Ltd.
Incorporated in 2006, Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors. Company’s factory is located in Chopanki, Bhiwadi, Tehsil-Tijara, Dist. Alwar, Rajasthan.Main products of the company are:1. RF Cables of various sizes for the Telecom Sector2. Low Voltage Power cables3. Cable Accesories
Objects of the Issue
Shilpi Cable Technologies Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To raise funds for capital expenditure on Cable/ wire Assembly shop
8.65
2
2 To raise funds for capital expenditure on Tools for 3G enabling
4.47
3
3 To raise funds for capital expenditure on augmenting cable manufacturing capabilities
16.22
4
4 To raise funds towards margin for working capital for the proposed new businesses
15.54
5
5 To raise funds for investment in the Subsidiary of the Company, M/s Shilpi Cabletronics Limited
5.00
6
6 To raise funds for General corporate purposes
3.00
7
7 To meet the expenses of the issue
3.00
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,42,00,000 shares
Post-IPO Promoter Holding
3,22,98,145 shares