Seven Hills Beverages Limited IPO

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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:

1. Working Capital Requirements 2. General Corporate Purposes 3. Issue related expenses

Seven Hills Beverages Limited IPO Details:

Open Date: Aug 18 2017
Close Date: Aug 23 2017
Total Shares: 1,600,000
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

Promoters And Management:

1. Mr. Sandeep Palwe 2. Mr. Nayan Palwe 3. Mrs. Charushila Lathi

Lead Manager of Seven Hills Beverages Limited IPO:

  1. Aryaman Financial Services Limited

Registrar of Seven Hills Beverages Limited IPO:

  1. Bigshare Services Private Limited

Company Address:

Seven Hills Beverages Ltd Gat No. 206, Khatwad Phata, Vill-Pimpalnere, Tal. Dindori, Nashik - 422 004 Phone: +91 253 231 5305 Email: info@sevenhillsbeverages.in Website: www.sevenhillsbeverages.in

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