✓
Open
22 Mar 2011
✓
Close
25 Mar 2011
3
Allotment
—
✓
Listing
Fri, Apr 8, 2011
Price Band
₹65 to ₹69
Issue Size
80,98,762 shares (agg. up to ₹56 Cr)
Lot Size
79 Shares
Listing Date
Fri, Apr 8, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.45x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To raise funds for capital expenditure on Cable/ wire Assembly shop | 8.65 |
| 2 | To raise funds for capital expenditure on Tools for 3G enabling | 4.47 |
| 3 | To raise funds for capital expenditure on augmenting cable manufacturing capabilities | 16.22 |
| 4 | To raise funds towards margin for working capital for the proposed new businesses | 15.54 |
| 5 | To raise funds for investment in the Subsidiary of the Company, M/s Shilpi Cabletronics Limited | 5.00 |
| 6 | To raise funds for General corporate purposes | 3.00 |
| 7 | To meet the expenses of the issue | 3.00 |
About Shilpi Cable Technologies IPO
Incorporated in 2006, Shilpi Cable Technologies Limited is engaged in the business of manufacturing Radio frequency (RF) cables, widely used in telecom, automobile and power sectors. Company’s factory is located in Chopanki, Bhiwadi, Tehsil-Tijara, Dist. Alwar, Rajasthan.Main products of the company are:1. RF Cables of various sizes for the Telecom Sector2. Low Voltage Power cables3. Cable Accesories+ Read More
Contact Details
Shilpi Cable Technologies Ltd. AddressA-19/B-1 ExtensionMohan Cooperative Ind Estate, P.O.BadarpurMathura RoadNew Delhi, New Delhi, 110044+91-11- 43117900,43117901ipo@shilpicabletech.comVisit Website