Sunsky Logistics Ltd - IPO

Sunsky Logistics Ltd IPO Details

Public issue of 36,60,000 equity shares of face value Rs. 2 each (Equity Shares) of the company for cash at a price ofRs. 46/- per equity share (including a securities premium of Rs. 44 per equity share) (the issue price), aggregating toRs. 16.84 crores (issue) of the issue, 186,000 equity shares aggregating to Rs.0.86 crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 34,74,000 equity shares of face value of Rs. 2 each at an issue price of Rs. 46/- per equity share aggregating to Rs. 15.98 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 29.43 % and 27.94%, respectively of the post issue paid up equity share capital of the company.Issue Price : Rs.46/- per equity share of face value of Rs. 2 Each.The issue price is 23 times the face value of the equity shares the price to earning ration based on diluted EPS for fiscal 2024-25 at the issue price is 15.59 times.Bids can be made for a minimum of 6,000 equity shares and in multiples of 3,000 equity shares thereafter.

Objective of issue

Purchase of Flatbed Trailers. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by our Company.. To meet the working capital requirement. General Corporate Purpose.

Sunsky Logistics Ltd Contact Details

Sunsky Logistics Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@sunskylogistics.com

Website - www.sunskylogistics.com