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Open
9 Jun 2008
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Close
12 Jun 2008
3
Allotment
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Listing
Tue, Jul 1, 2008
Price Band
₹105 to ₹115
Issue Size
91,94,155 shares (agg. up to ₹106 Cr)
Lot Size
60 Shares
Listing Date
Tue, Jul 1, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 9.42x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new manufacturing facility for the production of float glass-Acquisition of Land | 11.96 |
| 2 | Land Development, Construction of Buildings and Other Civil Works | 83.75 |
| 3 | Plant & Machinery | 309.78 |
| 4 | Miscellaneous Fixed Assets | 4.00 |
| 5 | Preliminary and pre- operative Expenses | 15.00 |
| 6 | Margin Money for Working Capital Requirements | 10.38 |
| 7 | General Corporate Purpose | 35.67 |
| 8 | Public Issue Expenses | 8.03 |
| Total | 478.56 |
About Sejal Architectural Glass IPO
Incorporated in 1999, Sejal Architectural Glass Limited engaged in the business of processing glass. They have processing facilities for Insulating, Toughened, Laminated glasses and for Decorative Glass as well.Sejal Architectural have propose to set up a new manufacturing facility for float glass with a capacity of 2,00,750 MT per annum at Jhagadia, Dist. Bharuch, Gujarat. They have already acquired 6,08,540 sq. mts of land for this backward integration project and L&T has been awarded as the contractor for executing the construction and civil works.The turnover of company in the year 2000-01 was Rs. 408.25 Lacs with the PAT of Rs. 48.24 Lacs. During the year 2006-2007 their turnover has increased to Rs. 3824.04 Lacs and PAT has increased to Rs.277.46 Lacs. Sejal's key clients consists of Reliance, K. Raheja, SP Fabricators, L&T, etc. Company's glass has been used in structures such as Inorbit Mall, Sun Pharma, K. Raheja IT Park in Hyderabad, Bangalore International Airport, Mumbai Airport & Domestic terminal. Company also operates its trading division from its premises named ‘Sejal Encasa’, which is located at Kandivali, Mumbai. This division trades in various in-house brands as
Contact Details
Sejal Architectural Glass Ltd. Address201/202, 2nd floor, AbhilashaS.V.RoadKandivali (West)Mumbai, Maharashtra, 400067+ 91-22-28633384ipo@sejalglass.co.inVisit Website