Public issue of 95,00,000 equity shares of Rs.10/- each at a premium of Rs.85 per equity share and at a price of Rs.95/- per equity share for cash aggregating Rs.90.25 Crores (hereinafter referred to as "this issue"). This issue comprises of reservation of 5,00,000 equity shares aggregating Rs.4.75 Crores for eligible employees on a competitive basis and the net issue to the public of 90,00,000 equity shares of face value of Rs.10/- each at premium of Rs.85 per equity share and at a price of Rs.95 per equity share for cash aggregating Rs.85.50 crores . The net issue would constitute 35.73% of the post issue paid-up capital of our company.
Issue Price Rs.95/- per equity share of face value Rs.10/-
The issue price is 9.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
28-Sep-2006
05-Oct-2006
₹ 95.00
₹ 0.00
Minimum Application for shares in Nos : 60.0
Further Multiples of : 60.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Anand Rathi Securities Pvt Ltd
Project Financed through Current Offer
90.25
Post Issue Equity Share Capital
25.19
Issue Price
₹95.00
Projects
To add fabrics weaving faci., modern process house