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.
IPO Details
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
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
Projects
Working Capital Enhancement
Setting up of Corporate Office
Lease Deposits & Misc.F.Assets for sett.stock yard