Public Issue of 1,28,00,000 Equity Shares of Rs. 10/- each for cash at a price of Rs. 25/- per equity share aggregating to Rs. 32 crores (Hereinafter referred to as the "Issue") comprising of promoters contribution of 36,74,700 equity shares of Rs.10 each at a price of Rs. 25/- each aggregating to Rs. 9.19 crores. The "Net Offer to Public" shall be 91,25,300 equity shares of Rs. 10/- each at a price of Rs. 25/- each for cash aggregating to Rs. 22.81 crores. There will also be a Green Shoe option of 13,68,795 equity shares to be offered for cash at a price of Rs. 25/- per equity share aggregating Rs. 3.42 crores. The Issue and the Green shoe option aggregate Rs. 35.42 crores.
The face value of the shares of the company is Rs. 10/- per share and the issue price is 2.5 times of the face value of the shares of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
03-Apr-2006
08-Apr-2006
₹ 25.00
₹ 0.00
Minimum Application for shares in Nos : 200.0
Further Multiples of : 200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
33.77
Chartered Capital and Investment Ltd
Project Financed through Current Offer
32.00
Post Issue Equity Share Capital
19.01
Issue Price
₹25.00
Projects
Working Capital Enhancement
Setting up of Corporate Office
Lease Deposits & Misc.F.Assets for sett.stock yard