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Satchmo Holdings Ltd.
Issue Open Date 23-Apr-10  
Issue Closing Date 27-Apr-10  
Application Money 100  
Allotment Money  
Price Band () 54 - 56  
Minimum Bid Quantity. 100  
Issue Size (Shares) 75000000  
Market Lot 1  
Objective

The objects of the Issue are to:a) Acquire joint development rights of our Company b) Fund our existing Subsidiaries and the Associate company, for repayment/prepayment of loans,redemption of debentures, finance Ongoing Projects and finance the acquisition of jointdevelopment rights c) Repay certain loans of our Company andd) Fund the expenditure for general corporate purposes.

Business Description

Our Company is in the business of real estate development and is primarily engaged in the developmentof residential projects in Bengaluru. We are also developing a hospitality project in Bengaluru and aresidential and an office project in Kochi. We are in the process of diversifying into the development ofshopping-malls and are expanding our geographic reach to Chennai and Goa. Our residential...

Promoter's Holding
Total Share Capital   70832100  
Offered to Public   75000000  
Promoter's Holding (Pre-Issue)   84.11  
Promoter's Holding (Post-Issue)   40.86  
Address
Address :No. 110
A Wing
Andrews Building
Level 1
M G Road
City :Bengaluru, State :Karnataka Pincode :560001 Phone :080 22272220 Email : info@satchmoholdings.in Website : www.satchmoholdings.in
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE, NSE
Lead Manager
Enam Securities Pvt Ltd
ICICI Securities Ltd
JM Financial Consultants Pvt Ltd
Kotak Mahindra Capital Co Ltd
Promoters
Nitesh Industries Private Limited
Nitesh Shetty
Pushpalatha V Shetty
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