Safety Controls & Devices Ltd

Safety Controls & Devices Ltd

Public issue of up to 47,55,000 equity shares of face value Rs.10 each ("equity shares") of Safety Controls & Devices Limited ("our company" or the "issuer" or "scdl") for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) ("issue price"), aggregating up to Rs.[*] crores (the "issue"). Up to 2,38,000 equity shares aggregating to Rs.[*] crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of 45,17,000 equity shares of face value of Rs.10 each at an issue price of Rs.[*] per equity share aggregating to Rs.[*] crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]% respectively of the post-issue paid-up equity share capital of our company. The face value of the equity shares is Rs.10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively.