Public issue of 40,00,000 equity shares of face value of Rs. 10/- each of Uttam Sugar Mills Limited (hereinafter referred to as the "company" or "issuer") at a price of Rs.340/- for cash at a premium of Rs.330/- aggregating to Rs.136 Crores (hereinafter referred to as the "issue"). The issue would constitute 15.53% of the post issue paid up capital of the company.
Issue Price Rs.340 per equity share of face value of Rs. 10/- each.
Issue price is 34 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-Mar-2006
21-Mar-2006
₹ 340.00
₹ 0.00
Minimum Application for shares in Nos : 20.0
Further Multiples of : 20.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
286.00
IDBI Capital Market Services Ltd
Project Financed through Current Offer
136.00
Post Issue Equity Share Capital
25.77
Issue Price
₹340.00
Projects
To set up 2 new grassroot units with 4500&5000 TCD
To setup 2 co-generation power plant with 15&30 MW