Swaraj Automotives’ sole promoter 4S Solutions has proposed to sell 3.18 lakh equity shares, representing 13.28 per cent of its share capital in the company, through an offer-for-sale window on the BSE. The company fixed the floor price at Rs 150 a share.
Non-retail Investors will be allowed to place their bids on December 15; retail investors and non-retail investors who choose to carry forward their bids can place their orders on December 16.