Sanghvi Brands Ltd.

Sanghvi House, No.105/2, Shivajinagar, Pune, Maharashtra - 411005
Phone: 30533084

Public Issue of 2748000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 59.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
10/11/201714/11/201769.00 -
Lead Managers Registrar Listed at
SARTHI CAPITAL ADVISORS PRIVATE LTD.
Bigshare Services Pvt Ltd.
Bharat Tin Works Building,
1st Floor, Opp.Vasant Oasis,, Makwana Road,
Mumbai, Maharashtra - 400059
Phone: 62638200 Fax: 62638299
BSE
Object of the issue

The Company proposes to utilize the funds which are being raised towards funding the following objects and achieve the benefits of listing on the SME Platform of the BSE.

The objects of the Issue are: -

1. Business Expansion

a) Expanding outlets/ distribution of current brand portfolio in India and overseas

b) Acquisitions and development of new brands

2. Marketing and sales promotion of the brands in the portfolio

3. Strategic Investments for business growth

4. General Corporate Purpose

5. Issue Expenses.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES2.40
BUSINESS EXPANSION7.72
GENERAL CORPORATE EXPS.2.84
SALES & MARKETING EXPENSES5.00
STRATEGIC INVESTMENTS FOR BUSINESS GROWTH1.00
TOTAL COST18.96
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES18.96
TOTAL COST18.96
Promoted by

Mr. Darpan Narendra Sanghvi is the only promoter of the Company. 

He is the Promoter and Managing Director of the Company. He is qualified mechanical engineer from University of Pune and has done his MBA from ESADE Business School. He started his professional career at the age of 19 years by joining a start-up called Baazee.com which is now renamed as EBAY India (www.ebay.in) as its youngest manager. He is also associated and worked with Celanese Chemicals (www.celanese.com), a $5 billion corporation where he led strategy projects across Dallas, Singapore, Frankfurt and New Jersey. He joined the Company since inception. He primarily oversees the Business Policies of the Companies along with the other members of the Board. 

Permanent Account Number - ACMPS4302H

Passport No. - Z3477298

Aadhar No. - 381884566189

Bank Account Details - Axis Bank Limited 87, Atur House, Dr. Annie Besant Road, Worli Naka, Mumbai-400018 A/c No.: 914010005729875

 
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