Corporate Announcement
Security Code : 532710    Company : SADBHAV    
 
Filing of the Red Herring Prospectus dated August 21, 2015 by Sadbhav Infrastructure Project Limited with Registrar of Companies, Gujarat at Ahmedabad
 
  Exchange Disseminated Time     21/08/2015 14:44:36
With reference to earlier letter dated May 26, 2015 in relation to the filing of the Draft Red Herring Prospectus dated May 25, 2015 by Sadbhav Infrastructure Project Limited (“SIPL’’), a subsidiary of Sadbhav Engineering Limited,

Sadbhav Engineering Ltd has now informed BSE that SIPL has filed its red herring prospectus dated August 21, 2015 with Registrar of Companies, Gujarat at Ahmedabad on August 21, 2015 in order to undertake an initial public offering of its equity shares (the “Issue”). The Issue consists of a fresh issue of equity shares of Rs. 10 each (the “Equity Shares”) aggregating up to Rs. 4,250 million and an offer for sale of up to 3,235,762 Equity Shares by Xander investment Holding XVII Limited and up to 3,235,762 Equity Shares by Nonvest Venture Partners VII-A-Mauritius.

The Bid / Issue opens on August 31, 2015 and closes on September 2, 2015. The Anchor Investor Bid / Issue Period shall be one Working Day prior to the Bid / Issue Opening Date.
 

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