Public Issue of 20,000,000 Equity Shares of Rs. 10 each for cash at a price of Rs.200 per Equity Share aggregating Rs.400 crores, comprising a Fresh Issue of 10,000,000 Equity Shares of Rs. 10 each by Mahindra & Mahindra Financial Services Limited ("Mahindra Finance", the "Company" or the "Issuer") and an Offer for Sale of 10,000,000 Equity Shares of Rs. 10 each
by Mahindra & Mahindra Limited ("M&M") and certain other shareholders of the Company (together with M&M the "Selling Shareholders"). The Fresh Issue and the Offer for Sale are jointly referred to herein as the Issue ("the Issue"). The Issue will constitute 23.26% of the fully diluted post issue paid-up capital of the Company.
Issue price is 20 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Feb-2006
24-Feb-2006
₹ 200.00
₹ 0.00
Minimum Application for shares in Nos : 35.0
Further Multiples of : 35.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
ABN AMRO Securities (India) Pvt Ltd
Project Financed through Current Offer
400.00
Post Issue Equity Share Capital
86.00
Issue Price
₹200.00
Projects
Augment Capital Base for future CapitalRequirement