Public issue of 1,13,00,000 Equity Shares of Face value Rs.10/-each of Deep Industries Ltd (Hereinafter referred to as the "Company" or "issuer") at a Price of Rs.36 for cash aggregating to Rs.40.68 Crores (hereinafter referred to as the "issue') including 11,30,000 equity shares of face value Rs.10/- each reserved for Employees and Directors; 28,25,000 Equity shares of face value of Rs.10/- each reserved for NRIs and FIIs and 11,30,000 Equity Shares of face value Rs. 10 each reserved for Scheduled Banks/Indian Mutual Funds/Indian and Multilateral Development Financial Institution and net issue to public of 62,15,000 Equity Shares of face value of Rs.10/- each (hereinafter referred to as the net offcer to public). The issue would constitute 56.50 of the post issue paid up capital of the Company.
Issue price is 3.6 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Aug-2006
04-Sep-2006
₹ 36.00
₹ 0.00
Minimum Application for shares in Nos : 175.0
Further Multiples of : 175.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
60.28
IDBI Capital Market Services Ltd
Project Financed through Current Offer
40.68
Post Issue Equity Share Capital
20.00
Issue Price
₹36.00
Projects
Procurement of Plant & Machinery for business Expn