Present issue of 1,12,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share aggregating Rs. 56.25 Crores. Net offer to the public of 42,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share, aggregating Rs.21.25 Crores (The "Net Issue"). The net issue will constitute 27.30% of the fully diluted post issue capital of the company.
Issue price is Rs.50/- per Equity Share
The issue price is 5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Mar-2006
31-Mar-2006
₹ 50.00
₹ 0.00
Minimum Application for shares in Nos : 125.0
Further Multiples of : 125.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
76.75
Microsec Capital Ltd
Project Financed through Current Offer
56.25
Post Issue Equity Share Capital
15.57
Issue Price
₹50.00
Projects
Investment in Capital Equipment
Enhancement of Long Term Working Capital
Repayment of Unsecured Loan
Repayment of Public Deposit
Investment in BOT/BOOT Projects and Joint Ventures