Public issue of 17,000,000 equity shares of Rs.10 each of Gitanjali Gems Limited ("Gitanjali Gems" or the "Company" or the "Issuer") for cash at a price of Rs.195 per equity share, aggregating Rs.331.5 crores (the "Issue"). 150,000 equity shares of Rs.10 each will be reserved in the issue for subscription by permanent employees and directors of the company who are Indian nationals and are based in india (the "Employee Reservation Portion", and the issue of equity shares other than the Employee Reservation Portion, the "Net Issue").
The face value of the equity shares is Rs.10. The issue will constitute 28.81% of the fully diluted post-issue capital of the company.
The issue price is 19.5 times of the Face Value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
16-Feb-2006
21-Feb-2006
₹ 195.00
₹ 0.00
Minimum Application for shares in Nos : 35.0
Further Multiples of : 35.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
ICICI Securities Ltd
Project Financed through Current Offer
331.50
Post Issue Equity Share Capital
59.00
Issue Price
₹195.00
Projects
Investment in subsidiaries, JVs & Associate Co.
Capital exp. for expansion of retail operations
Setting up a diamond manufacturing facility
Setting up a jewellery manufacturing facility
Setting up an additional jewellery manu. facility
Expansion of the existing jewellery manu. facility