Public Issue of 26262625 Equity Shares of Rs. 10 each ("Equity Shares") for cash aggregating Rs. 60 crores by Ginni Filaments Limited ("GFL" or "The Company" or "the Issuer"). The issue comprises of Promoters contribution of 4444444 equity shares for cash at a price of 27 per Equity Share aggregating Rs. 12 crores ("Promoters contribution") and the Net Offer to the Public of 21818181 Equity Shares at a price of Rs. 22 per Equity Share aggregating Rs. 48 crores ("Net Issue"). The issue will constitute 44.32 % of the fully diluted capital of the company after the Issue.
The Issue Price Rs. 22 per Equity share of face value of Rs. 10/. The issue price is 2.2 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
19-Dec-2005
23-Dec-2005
₹ 22.00
₹ 0.00
Minimum Application for shares in Nos : 300.0
Further Multiples of : 300.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
204.24
SBI Capital Markets Ltd
Project Financed through Current Offer
60.00
Post Issue Equity Share Capital
59.26
Issue Price
₹22.00
Projects
Expand Ring&Open End spinning capcty of Cottn Yarn