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June 5, 2008

Sejal Architectural Glass Ltd.

Sejal Architectural Glass Ltd.

Period 

09-Jun to 12-Jun 2008

Size (Equity Shares)

97,03,580

Type 

100% Book Building

Face Value 

Rs. 10- 

Price Range 

Rs 105 to Rs 115

Market Lot 

60

Max shares Retails investor can apply at cut off

840

Registrar 

Intime Spectrum Registry Ltd

Registrar's email 

sagl.ipo@intimespectrum.com

Lead Manager 

Saffron Capital Advisors Pvt Ltd

Listing 

BSE, NSE

Grading 

 

About the company 

Established: 1999. Business:Processing glass - Processing facilities for Insulating, Toughened, Laminated glasses and for Decorative Glass as well.

SAGL have propose to set up a new manufacturing facility for float glass with a capacity of 2,00,750 MT per annum at Jhagadia, Dist. Bharuch, Gujarat. They have already acquired 6,08,540 sq. mts of land for this backward integration project and L&T has been awarded as the contractor for executing the construction and civil works.

Clients: Reliance, K. Raheja, SP Fabricators, L&T, Inorbit Mall, Sun Pharma, K. Raheja IT Park in Hyderabad, Bangalore International Airport, Mumbai Airport & Domestic terminal. Company also operates its trading division from its premises named 'Sejal Encasa', which is located at Kandivali, Mumbai. This division trades in various in-house brands as well as other manufacturers products. The products traded include tiles, sanitaryware, mirrors, glass, etc. for home and commercial interiors.

SBU: Architectural Glass Solutions, Float Glass, Sejal Encasa

Objects of the Issue

# Setting up of new manufacturing facility for the production of float glass;

# General Corporate Purposes;

# Meeting the Public Issue Expenses.

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