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Safa Systems & Technologies Ltd
Registered Office:
46/2631 B Safa Arcade,Kaniyapilly Rd Chakkaraparambu, Ernakulam - 682028, Kerala, India.
Website :  www.sssinfo.in
Initial public offer of 40,00,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Safa Systems & Technologies Limited (The "Company" or the "Issuer") for cash at a price of Rs. 10 per equity share at par (The "Issue Price"), aggregating to Rs. 4.00 crores ("The Issue"), of which 2,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 0.20 crores will be reserved for subscriptions by the market maker to the issue (The "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 38,00,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 10 per equity share, aggregating to Rs. 3.80 crores is here inafter referred to as "The Net Issue". The issue and the net issue will constitute 26.53% and 25.20% respectively of the post issue paidup equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 10 i.e. 1 time of the face value of the equity shares. The minimum lot size is 10,000 equity shares.
Issue
Opens On Closes On
28-Jan-22 01-Feb-22
Money Payable On
Application Allotment
10.00 0.00
Minimum Application for shares in Nos : 10000  Further Multiples of : 10000
()(Cr.) Lead Managers to the Issue
Project Cost () 4.00 Finshore Management Services Ltd
Project Financed through Current Offer () 4.00  
Post Issue Equity Share Capital () 15.08  
Issue Price () 10.00  
Projects
To Meer Working Capital Requirements
General Corporate Expenses
Promoted By
Faizal Bavaraparambil Abdul Kh
Bavaraparambil Abdul Kadher Hy
Listing At
BSE - SME
Registrar to the Issue