Public Issue of up to 8,500,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 185 per Equity Share aggregating to Rs. 157.25 crores by ABG Shipyard Ltd ("The company" or "Issuer"). The fresh Issue referred to herein as the "Issue" includes a reservation of 200,000 equity shares for subscription by employees of ABG Shipyard Ltd (The "Employee Reservation Portion) and net issue to the Public of 8,300,000 Equity Shares of the face value of Rs. 10 each at the price of Rs. 185 for cash aggregating Rs. 153.55 crores(herewith referred to as "Net Issue").
The net issue would constitute 16.30 % of the fully diluted post issue paid up capital of the company. The face value of the share is Rs. 10 and the issue price is 18.5 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
18-Nov-2005
26-Nov-2005
₹ 185.00
₹ 0.00
Minimum Application for shares in Nos : 35.0
Further Multiples of : 35.0