Samco securities limited

Salebhai Internet Limited IPO

Add to Calendar 2018-07-27 12:00 AM 2018-08-01 12:00 AM Asia/Kolkata Salebhai Internet Limited IPO Salebhai Internet Limited India

Salebhai Internet Limited was incorporated as a private limited company on 06th of April 2015 under Companies Act 2013 vide certificate of incorporation issued by Registrar of Companies, Ahmedabad, Gujarat. It is an Indian e-commerce portal that enables the clients to order regional products across India. It offers consumables items, handicrafts, puja items among other products that satisfy the needs of the customers across India.

Date of Incorporation: Salebhai Internet Limited was originally incorporated as ‘Salebhai Internet Private Limited’ under the Companies Act 2013, vide certificate of incorporation issued by Registrar of Companies, Ahmedabad, Gujarat on 6th of April 2015. This company was reformed to ‘Salebhai Internet Limited’ as a public limited company on 12th of February 2018 by the Registrar of Companies, Ahmedabad, Gujarat.

Promoters of Salebhai Internet Limited: Mr Vishwavijay M. Singh, Mr Anandprakash Varani and Ms Purba Kalita are the promoters of Salebhai Internet Limited.

Products and Services Offering: Salebhai Internet Limited is an Indian e-commerce portal that has diversified products across several segments which include:

- Consumable items like sweets, namkeen, bakery, chocolates, pickles among others.

- Handicrafts.

- Paintings.

- Puja items.

- Handloom goods.  

- Herbal & wellness items.

Customer Segments: Salebhai Internet Limited has varied consumer segments as being online portal it serves the need of consumer across India.

Objects of Salebhai Internet Limited IPO:

The primary objective of Salebhai Internet Limited IPO are:

- Operating Expenditure

- Customer Acquisition

- IT Development

- General Corporate Purpose

- Brand Building & Promotion

- Issue Expense

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Issue Detail

  • Issue Open: Jul 27, 2018
  • Issue Close: Aug 01, 2018
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 105 Per Equity Share
  • Bid Lot:1200 Shares
  • Minimum Order Quantity:1200 Shares
  • Listing At: BSE SME
  • Issue Size: Rs 23.73 Cr

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