Public Issue of 50,00,000 Equity Shares of Rs. 10/ each for Cash at a Premium of Rs. 50/- per Equity Share aggregating Rs. 30 crores out of which net offer to Public 40,00,000 Equity Shares of Rs. 10/- each for Cash at a Premium of Rs. 50/- per Equity Share aggregating Rs. 24 crores.
The issue price of Rs. 60 per Equity share is 6 times of the Face Value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
13-Dec-2005
16-Dec-2005
₹ 60.00
₹ 0.00
Minimum Application for shares in Nos : 100.0
Further Multiples of : 100.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
120.02
Microsec India Ltd
Project Financed through Current Offer
30.00
Post Issue Equity Share Capital
17.50
Issue Price
₹60.00
Projects
Modernisation cum Expansion of TMT Mill
Repayment of Unsecured Loan
Enhancement of Long Term Working Capital
Setting up of Structural Mill
General Corporate Purposes including stratetic ini