Apply IPO

Lets Talk About Applying IPO's Before investing.

South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Details

South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Details:

South West Pinnacle Exploration Ltd. is an ISO 9001:2015 certified organization and is one of the growing private exploration services company in India, in the field of Mineral & Unconventional Energy resources.

Since its inception in 2006 , SWPEL took its first step in the field of drilling and exploration services in the year 2007 with just a small fleet of two drill machines . Over the years the company evolved not only in terms of manpower and fleet size but also in terms of varied expertise , which it could offer to its ever increasing customer base from exploration of mineral and coal , to CBM (Coal Bed Methane) exploration & production, Aquifer Mapping and providing Gelogical & Geophysical services etc. .

SWPE currently has a large fleet of 37 numbers of coring, RC & DTH rigs , having drilling capacity between 300m to 2000m and with an average age of rigs being less than 5 years. As a 360 degree Service provider in the field of exploration services, the company also has a strong geological services division with 15 geoscientists along with 2 Nos. of geophysical logging units, resistivity meters & magnetometers for carrying out geophysical surveys.

Objects of the Issue:

Company intend to utilize the Net Proceeds towards the following objects:

  1. Repayment/ Prepayment of certain Secured Borrowings availed by company.
  2. Repayment/ Prepayment of certain Unsecured Borrowings availed by company;
  3. Purchase of Machinery;
  4. Funding the working capital requirements of Company;
  5. General Corporate Purposes.
South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Details:
  1. Issue Open: February 06, 2018 – February 08, 2018
  2. Issue Type: Book Built Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 4,596,800 Equity Shares of Rs 10 aggregating up to Rs 35.86 Cr
  5. Issue Price: Rs 76 – Rs 78 Per Equity Share
  6. Market Lot: 1600 Shares
  7. Minimum Order Quantity: 1600 Shares
  8. Listing At: NSE SME

* To Be Updated

Book Running Lead Manager:

PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
406-408, Keshava Premises, Behind Family Court,
Bandra Kurla Complex, Bandra East,
Mumbai – 400 051, Maharashtra, India
Tel: +91-22 6194 6700 Fax: +91-22 2659 8690
Email: ipo@pantomathgroup.com
Investor Grievance Id: ipo@pantomathgroup.com

REGISTRAR TO THE ISSUE:

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai – 400 083, Maharashtra , India
Tel: +91 22 4918 6200 Fax: +91 22 4918 6195
Email: : swpel.ipo@linkintime.co.in
Investor Grievance Id: : swpel.ipo@linkintime.co.in

Draft Red Herring Prospectus (DRHP) Of South West Pinnacle Exploration Ltd IPO (SWPEL IPO):

South West Pinnacle Exploration Ltd (SWPEL) IPO Prospectus

Red Herring Prospectus (RHP) Of South West Pinnacle Exploration Ltd IPO (SWPEL IPO):

South West Pinnacle Exploration Ltd (SWPEL) IPO Prospectus

South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Grey Market Premium (GMP):

Grey Market Premium (GMP) of South West Pinnacle Exploration Ltd IPO (SWPEL IPO) is not active as of now.

South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Allotment and Listing Dates Schedule:

  • 06/Feb/18 – Bid/Offer Opening Date
  • 08/Feb/18 – Bid/Offer Closing Date
  • 14/Feb/18 – Finalisation of Basis of Allotment
  • 15/Feb/18 – Unblocking of Funds from ASBA Account
  • 16/Feb/18 – Credit of Equity Shares to Demat Account
  • 20/Feb/18 – Commencement of Trading on NSE/BSE
How To Check South West Pinnacle Exploration Ltd IPO (SWPEL IPO) Allotment Status:

To Check South West Pinnacle Exploration Ltd (SWPEL) IPO Allotment Status : Click Here

  1. Select South West Pinnacle Exploration Ltd IPO (SWPEL IPO) from the first drop Down Menu
  2. Provide your PAN Number.

Market Update:

If You Want to Reduce Your Brokerage By More Than 80% Just Get More Information Here: Save More Than 80% Brokerage.

Shalby Hospital Ltd IPO (Shalby IPO) lists at 3.53% discount. While Future Supply Chain Solutions Ltd IPO (FSCSL IPO) lists at 1.75% premium.

Astron Paper & Board Mill Ltd IPO (APBML IPO) lists at 139.40% premium. Now  Apollo Micro Systems Ltd IPO (AMSL IPO) lists at 65.13% Premium.

Newgen Software Technologies Ltd IPO (NSTL IPO) also able to list positively with 3.27% premium.

Amber Enterprises India Ltd IPO (AEIL IPO) also able to subscribe successfully. Now Amber Enterprises India IPO Allotment and Listing will be in process.

Amber Enterprises India Ltd (AEIL) IPO Grey Market Premium (GMP) is trading between Rs 425 – Rs 475 Per equity share.

While Galaxy Surfactants Ltd IPO (GSL IPO) bidding will be active from January 29, 2018 – January 31, 2018.

Galaxy Surfactants IPO Grey Market Premium (GSL GMP) is trading between Rs 200 – Rs 250 Per Equity Share.

Some SME IPO will also be active in market in coming week.

Keep watching this blog to keep yourself updated with all the news.

If you want all updates delivered to your email box just subscribe for the updates. We also hate spam so we are not going to share your details with anyone. So Just Subscribe and forget the tension of tracking the IPO’s. We will do it for you.

If you like to have a Chance to Win a Smart Phone just Like and share us.

Leave a Reply

Your email address will not be published. Required fields are marked *

Apply IPO © 2018