Public issue of 50,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.150/- per equity share, including share premium of Rs.140/- per equity share aggregating Rs.75.00 Crores by Precision Pipes and Profiles Company Limited ( "the company" or "the issuer"). The net issue to the public would constitute 35.71% of the fully diluted post issue paid up capital of the company.
Issue Price is Rs.150/- Per Equity Share of Face Value of Rs. 10 Each
The Issue Price is 15 times of the Face Value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
17-Dec-2007
20-Dec-2007
₹ 150.00
₹ 0.00
Minimum Application for shares in Nos : 45.0
Further Multiples of : 45.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
106.00
Nexgen Capitals Ltd
Project Financed through Current Offer
75.00
Post Issue Equity Share Capital
14.00
Issue Price
₹150.00
Projects
To Enhance in-house Tool Manf. & Design Capability