Public issue of 3,40,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.20/- per share aggregating Rs.68.00 Crores out of which 4,00,000 equity shares of Rs.10 each at are reserved for eligible employees and the net issue to the public would constitute 3,36,00,000 equity shares of Rs. 10/- each. The issue would constitute 44.37% of the fully diluted post issue paid-up capital of the company. The net issue to the public would constitute 43.85% of the fully diluted post issue paid up capital of the company.
Issue Price is Rs.20/- per equity share of face value of Rs. 10/- each
The issue price is 2 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
25-Jun-2007
29-Jun-2007
₹ 20.00
₹ 0.00
Minimum Application for shares in Nos : 300.0
Further Multiples of : 300.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
SREI Capital Markets Ltd
Project Financed through Current Offer
68.00
Post Issue Equity Share Capital
76.63
Issue Price
₹20.00
Projects
Setting-up 2 bio-mass power plant forits Subsidary
To meet working cap. requirement for power Trading