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IPO Synopsis

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Sai Urja Indo Ventures Ltd
Registered Office: UG-2 Office Floor J.K.Complex,Nanaji Nagar Nagpur Road , Chandrapur - 442401 , Maharashtra , India.
Phone : +91 99608 15166
Fax :
Email :  headoffice@suiv.co.in  
Website :  https://suiv.co.in
Initial public offer of up to 33,78,000 equity shares of face value of Rs. 10/- each of Sai Urja Indo Ventures Limited ("Sai Urja" or the "company" or the "issuer") for cash at an offer price of Rs. [*]/- per equity share (the "offer price"), aggregating up to Rs. [*]/- crores, comprising of a fresh issue of up to 30,66,000 equity shares of face value of Rs. 10/- each aggregating to Rs. [*]/- crores by the company ("fresh issue") and an offer for sale of up to 3,12,000 equity shares of face value of Rs. 10/- each by Santosh Ajay Kumar Mittal and Harsh Ajaykumar Mittal ("the promoter selling shareholders") aggregating to Rs. [*]/- crores ("offer for sale"). Out of the offer up to [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*]/- per equity share for cash, aggregating to Rs. [*]/- crores will be reserved for subscription by the market maker to the offer ("market maker reservation portion"). The offer less the market maker reservation portion i.e. offer of [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*]/- per equity share for cash, aggregating to Rs. [*]/- crores is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]%, respectively of the post offer paid up equity share capital of the company. The face value of the equity share is Rs. 10/- each and the offer price is [*] times of the face value.

Issue Money Payable On
Offer Price Application
NA NA ₹   ₹  
Minimum Application for shares in Nos :0  Further Multiples of :0

  Lead Managers to the Issue
Project Cost ₹   0.00 Cr
Shannon Advisors Private Limited
Project Financed through Current Offer ₹   0.00 Cr  
Post Issue Equity Share Capital ₹   0.00 Cr  
Face Value ₹   10  
 
Projects
Funding the working capital requirements of the CompanyGeneral corporate purposes
Repayment/prepayment, in full or part, of certain loans availed by its Company
Promoted By
Harsh Ajaykumar Mittal  
Santosh Ajay Kumar Mittal  
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.
 
Basis of Allotment
Category Issue Price
(  )
No. of Applications No. of Equity
Shares Applied
Amount
(  )
No. of times Subscribed Shares Reserved No. of Shares Allotted
 

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