IPO Synopsis


Sailani Tours N Travels Ltd

Registered Office: CE-25 Sector-1 3rd Cross Road,Salt Lake City, Kolkata - 700064, West Bengal, India.
Phone : 91-33-48044939   Fax:
Email :  info@sailanitours.com  
Website :  www.sailanitours.com

Public issue of 12,64,000 equity shares of face value of Rs. 10.00 each ("Equity Shares") of Sailani Tours N Travels Limited (the "Company" or the "Issuer") for cash at a price of Rs. 15.00 per equity share including a share premium of Rs. 5.00 per equity share (the "Issue Price") aggregating to Rs. 1.90 crores ("The Issue") of which 64,000 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 15.00 per equity share including a share premium of Rs. 5.00 per equity share aggregating to Rs. 0.10 croress will be reserved for subscription by market maker to the issue. (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 12,00,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 15.00 per equity share including a share premium of Rs. 5.00 per equity share aggregating to Rs. 1.80 crores (the "Net Issue"). The issue and the net issue will constitute 26.87% and 25.51 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 1.5 times of the face value of the equity shares.

Issue Money Payable On
Opens on Closes On Application Allotment
27-Jun-22 30-Jun-22 15.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 8000   Further Multiples of : 8000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 1.57 Gretex Corporate Services Ltd
Project Financed through Current Offer 1.90  
Post Issue Equity Share Capital 4.70  
Issue Price 15.00  

Project

  • Funding of Working Capital Requirements of the Company
  • General Corporate Purposes

Promoted By

Krishna Kumar Chanani

Sunita Chanani

Listing At

BSE - SME

Registrar to the Issue

No Data Available