Gainers & Losers

Registered Office: 16 India Exchange Place,3rd Flr #.14, Kolkata - 700001, West Bengal, India.
Phone : +91 83350 73185   Fax:
Email :  cs@sundrex.co  
Website :  www.sundrex.com

Initial public offer of up to 37,50,400 equity shares of face value of Rs. 10/- each ("Equity Shares") of Sundrex Oil Company Limited ("The Company") for cash at a price of Rs. 86 per equity share (Including Share Premium of Rs. 76 per Equity Share) ("Offer Price"), aggregating up to Rs. 32.25 crores comprising a fresh issue of up to 37,50,400 equity shares aggregating up to Rs. 32.25 crores by the company ("The Offer") of which up to 1,88,800 equity shares aggregating to Rs. 1.62crores will be reserved for subscription by market maker to the offer (The "Market Maker Reservation Portion"). The offer less market maker reservation portion i.e., net offer of up to 35,61,600 equity shares at an offer price of Rs. 86 per equity share aggregating to Rs. 30.63 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28% and 26.58%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 86 per equity share of face value Rs. 10/- each. The floor price is 8.6 times of the face value of the equity shares. Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.