Seven Hills Beverages Limited IPO
Seven Hills Beverages Ltd is engaged in the business of manufacturing packaged drinking water for Bisleri International Pvt Ltd.
They have dedicated Plant and Machinery for its manufacturing. It operates as “Co‐packers” for “Bisleri” wherein it manufactures the bottles at its plant in order to avoid any possible contaminations and carry out the filling of purified water as well as final sealing and packaging. Company’s product “packaged drinking water” is available in 5 pack sizes: 250 ml bottles, 500ml, 1 litre, 2 litre and 20-litre jars as per the production schedule is given by Bisleri International Pvt. Ltd on monthly basis. The finished products are dispatched on daily basis. As per the mutual understanding; company produces Packaged Drinking Water for Nasik, Shirdi, Aurangabad & other nearby areas of Maharashtra.
Recently, SHBL has acquired 50.49% strategic stake in Palwe Pest Control Pvt. Ltd. (“PPCPL”), making it as its subsidiary company. PPCPL is a service provider, rendering pest control and other related services to corporate, societies and household. PPCPL has been in this business for more than 16 years and is a recognized brand in services such as General Pest Control Treatment, Birds Control Treatment, Landscaping services and Export Fumigation to Vessel and Container.
Objects of the Seven Hills Beverages Limited IPO:
Seven Hills Beverages Limited IPO Details:
|Open Date:||Aug 18 2017|
|Close Date:||Aug 23 2017|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||4.16 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 26 Per Equity Share|
|Listing At:||NSE Emerge|