Skanray Technologies Limited IPO

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Objects of the Skanray Technologies Limited IPO:

Object of the offer include Fresh issue & OFS. Company proposes to utilise the Net Proceeds towards funding of the following objects: 1. Funding inorganic growth 2. Funding working capital requirements of the Company 3. Investment in the subsidiaries 4. Funding capital expenditure requirements of the Company 5. General corporate purposes.

Skanray Technologies Limited IPO Details:

Listing At: NSE,BSE

Promoters And Management:

i. Lakshmi Kamath, is the Chief Financial Officer of the Company. She joined the Company on September 1, 2020. She holds a bachelor’s degree in commerce from Karnataka University and is an associate of the Institute of Chartered Accountants of India. She has over 12 years of experience in the financial sector. Prior to joining the Company, she was associated with JKM Ferrotech Limited (subsidiary of Dynamatic Technologies Limited) as finance controller and with Deloitte Haskins & Sells. She is involved in the financial functions and financial risk management for the Company. Her gross remuneration for Fiscal 2021 was ₹ 1.79 million. ii. Bhagya M G, is the Company Secretary and Compliance Officer of the Company. She is also the general manager – legal and human resources of the Company. She joined the Company on February 18, 2016. She holds a bachelor’s degree in commerce from University of Mysore and is an associate of the Institute of Company Secretaries of India. She has over 20 years of experience, including in the secretarial, finance and human resources sector. Prior to joining the Company, she was associated with Automative Axles Limited, Sagas Auto Tec Private Limited and Scania Commercial Vehicles India Private Limited. She is responsible for advising the Board in relation to compliance requirements and also handles the human resource management functions of the Company. Her gross remuneration for Fiscal 2021 was ₹ 0.97 million. iii. M Shailendra, is the director – sales of the Company. He joined the Company on January 18, 2013. He holds a bachelor’s degree in engineering from Osmania University. He has over 30 years of experience and has worked in the medical devices sector. Prior to joining the Company, he was associated with Larsen & Toubro Limited, including L&T Medical Equipment & Systems for over 23 years. Pursuant to the acquisition of the medical equipment and systems business of Larsen & Toubro by the Company, he was transferred to the Company. He is heading the sales function of the Company and responsible for achieving sales budget of the Company. His gross remuneration for Fiscal 2021 was ₹ 4.34 million.

Registrar of Skanray Technologies Limited IPO:

  1. Link Intime India Private Limited

Company Address:

Skanray Technologies Limited Plot No 15-17 Hebbal Industrial Area, Mysore – 570 016, Phone: +91 821 241 5559 Email: investors@skanray.com Websitehttps://www.skanray.com/

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