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Servalakshmi Paper Ltd IPO
Incorporated in 2005, Servalakshmi Paper Limited engaged in the business of manufacturing Printing & Writing Paper and Newsprint. Companys production unit situated at Kodaganallur Village, Tirunelveli district, Tamil Nadu with total installed production capacity of 90,000 MTPA. In printing and writing segment, they produce coated, uncoated, copier, cream wove, SS Maplitho, computer stationary and text/note book papers.
Company's major clients are Times VPL Limited (Times Group), The Hindu Daily, Dinamalar, Kerala Kaumudi Pvt Ltd, The Printers Mysore Pvt Ltd (Deccan Herald), Sakal Papers Ltd, Deshabhimani Daily, Rashtra Deepika Ltd, Metro Vartha, Perfect Systems and Services, Manipal Press Ltd, Vimala Note Book, Rajhans Enterprises and Veer Pack Industries.
Clients in the export market include Saifi Trading, Colombo, Sri Lanka, Jupiter Trading Company, Sri Lanka, Vital Solutions PTE Limited, Singapore, New Thought Investments Pvt Ltd, Harare, Zimbabwe, 5. Raccolta, Molnar & Greiner GmbH, Vienna, Austria, Dinowic PTE Limited, Singapore, Paper World Wide, Dubai, UAE.
Company Promoters:Mr. R. Ramswamy
Issue Detail:
Issue Open: Apr 27, 2011 - Apr 29, 2011
Issue Type: 100% Book Built Issue IPO
Issue Size: Equity Shares of Rs. 10
Issue Size: Rs. 60.00 Crore
Face Value: Rs. 10 Per Equity Share
Issue Price: Rs. 27 - Rs. 29 Per Equity Share
Market Lot: 200 Shares
Minimum Order Quantity: 200 Shares
Listing At: BSE, NSE
IPO Subscription Detail / IPO Oversubscription Details / IPO Bidding Status:
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Number of Times Issue is Subscribed (BSE + NSE) |
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Date & Time |
QIB |
Non Institutional Investors (NIIs) |
Retail Individual Investors (RIIs) |
Total |
|
Shares Offered / Reserved |
11,111,111 |
3,333,333 |
7,777,778 |
22,222,222 |
|
Day 1 - Apr 27, 2011 |
0.0000 |
3.2000 |
0.2600 |
0.5700 |
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Day 2 - Apr 28, 2011 |
0.3100 |
4.6200 |
0.3900 |
0.9800 |
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Day 3 - Apr 29, 2011 |
0.3400 |
4.2100 |
1.9000 |
1.4700 |
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