IPO IPO-Synopsis
Shashwat Furnishing Solutions Ltd

Back

Registered Office: 121 Mahaveer Nagar,Jain Colony , Jodhpur - 342001 , Rajasthan , India.
Phone : 91-9001269000   Fax:
Email :  cs@handicraftsvillage.com  
Website :  www.handicraftsvillage.com
Public issue of 5,58,000 equity shares of Rs10 each ("Equity Shares") of Shashwat Furnishing Solutions Ltd ("SFSL" or the "Company" or the "Issuer") for cash at a price of Rs45 per equity share including a share premium of Rs35 per equity share (The "Issue Price") aggregating to Rs2.51 crores ("The Issue") of which upto 30,000 equity shares of Rs10 each for a cash at a price of Rs45 per equity share including a share premiun of Rs35 per equity share aggregating to Rs0.14 crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of upto 5,28,000 equity shares of Rs45 each of including a share premium of Rs35 per equity share aggregating to Rs2.37 crores is hereinafter referred to as "Net Issue". The issue and the net issue will constitute 26.72% and 25.29% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs10 each and the issue price of Rs45 is 4.5 times of the face value of the equity shares. Bids can be made foa a minimum of 3000 equity shares and in multiples of 3000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Apr-22 25-Apr-22 Rs45.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  Rs Cr Lead Managers to the Issue
Project Cost 2.11
Beeline Broking Ltd
Project Financed through Current Offer 2.51  
Post Issue Equity Share Capital 2.09  
Issue Price Rs45.00  
Projects
Working Capital RequirementsGeneral Corporate Expenses
Promoted By
Hitesh Karnawat
Listing At
BSE - SME 
Registrar to the Issue
KFin Techologies Ltd  
KFin Techologies Ltd