Public Issue of 71,42,858 Equity Shares ("Issue") of Face Value of Rs 10 each, for cash at a premium of Rs 60 per equity share aggregating Rs 50 cr. The Issue is being made through the 90% Book Building scheme. Not more than 60% of the Issue size (42,84,714 shares) shall be available for allocation on a discretionary basis to Institutional Investors and not less than 15% of the issue size (10,71,429) shall be available for allocation on a proportionate basis to Non-Institutional Investors. The balance 15% (10,71,429) of the issue shall be available for allocation on a proportionate basis to Retail Investors. The Fixed Price Portion of the Issue will constitute a minimum of 10% of the issue (7,14,286) on a proportionate basis to retail investors.
Public Issue of 71,42,858 Equity Shares ("Issue") of Face Value of Rs 10
each, for cash at a premium of Rs 60 per equity share aggregating Rs 50 cr.
The Issue is being made through the 90% Book Building scheme. Not more than
60% of the Issue size (42,84,714 shares) shall be available for allocation
on a discretionary basis to Institutional Investors and not less than 15% of
the issue size (10,71,429) shall be available for allocation on a
proportionate basis to Non-Institutional Investors. The balance 15%
(10,71,429) of the issue shall be available for allocation on a
proportionate basis to Retail Investors. The Fixed Price Portion of the
Issue will constitute a minimum of 10% of the issue (7,14,286) on a
proportionate basis to retail investors.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Feb-2001
16-Feb-2001
₹ 70.00
₹ 0.00
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
03-Mar-2001
12-Mar-2001
₹ 70.00
₹ 0.00
Minimum Application for shares in Nos : 50.0
Further Multiples of : 50.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
65.77
IL&FS Merchant Banking Services Ltd
Project Financed through Current Offer
45.00
Post Issue Equity Share Capital
34.14
Issue Price
₹70.00
Project Cost
65.77
IL&FS Merchant Banking Services Ltd
Project Financed through Current Offer
5.00
Post Issue Equity Share Capital
34.14
Issue Price
₹70.00
Projects
To invest in the growth of the publishing business
To expand the outdoor business of the Company
Investment in the internet business
Investment in enabling and support Services
To invest in the growth of the publishing business