Public offer of 20,500,000 equity shares of Rs. 10 each of Binani Cement Limited ("BCL") (the "company") through an offer for sale by Binani Industries Limited ("BIL") (the "selling Shareholder"), at a price of Rs.75/- per equity share for cash aggregating Rs.153.75 crores (the "offer"). The offer constitutes 10.09% of the pre and post offer paid up capital of the
Company.
Issue Price is Rs.75/- per equity share of face value of Rs. 10 each
The issue price is 7.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-May-2007
10-May-2007
₹ 75.00
₹ 0.00
Minimum Application for shares in Nos : 80.0
Further Multiples of : 80.0