Public issue of 5,36,84,211 equity shares of Re. 1/- each at a price of Rs.19/- per equity share (including share premium of Rs.18/- per equity share) for cash aggregating Rs.102.00 Crores by Meghmani Organics Limited (hereinafter referred to as the "issue"). The issue will constitute 21.11% of the post issue paid-up capital of our company.
Issue Price is Rs.19/- per equity share of Face Value Re.1/-each
The issue price is 19 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
04-Jun-2007
07-Jun-2007
₹ 19.00
₹ 0.00
Minimum Application for shares in Nos : 350.0
Further Multiples of : 350.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
102.00
Edelweiss Capital Ltd
Project Financed through Current Offer
102.00
Post Issue Equity Share Capital
25.43
Issue Price
₹19.00
Projects
Setting up of a new High Performance Pigment Plant
To Set up Multipurpose Agro Chemicals plant
To Finance 3MW Captive Power Plant of SubsidiaryCo