Public issue of 80,00,000 equity shares of Rs. 10 each for cash at a price of Rs.82/- per equity share (including a share premium of Rs.72/- per equity share) for cash aggregating to Rs.65.60 Crores (the "issue") out of which 4,00,000 equity shares have been reserved for eligible employees of our company ("employee reservation portion"). The net issue to the public shall be 76,00,000 equity shares of Rs.10 each for cash at a price of Rs.82/- per equity share (including a share premium of Rs.72/- per equity share) for cash aggregating to Rs.62.32 Crores (the "net issue to public") the issue will constitute 26.80 % of the fully diluted post issue paid-up capital of our company and the net issue to public will constitute 25.46 % of the fully diluted post issue paid-up capital of our company.
Issue Price is Rs.82/- per equity share of face value of Rs.10/-
The issue price is 8.2 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
18-Feb-2008
21-Feb-2008
₹ 82.00
₹ 0.00
Minimum Application for shares in Nos : 80.0
Further Multiples of : 80.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
73.93
Anand Rathi Securities Ltd
Project Financed through Current Offer
65.60
Post Issue Equity Share Capital
29.85
Issue Price
₹82.00
Projects
Setting up of Facilities for Cable Manufacturing
Setting up of Facilities for Cable Manufacturing
Setting up of Enameling Plant
Setting up Develp.& Pilot Prodn. Water Heater, Fan