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IPO

IPO Details


Coral Hub Ltd
Registered Office: Kingsley Chambers Block No 26, Ramasamy Street T Nagar, Chennai - 600017, Tamil Nadu
Phone: 91-44-24362751-54
Email: investors@coralhublimited.com
Website: www.coralhub.com
Public Issue of 27,90,000 Equity Shares of Rs.10/- Each ("Equity Shares") of Vishal Information Technologies Limited (the "Company" or the "Issuer") for Cash at a Price of Rs.150/- per Equity Share (including Share Premium of Rs.140/- per Equity Share),aggregating to Rs.41.85 Crores Consisting of a Fresh Issue of 17,90,000 Equity Shares ("Fresh Issue") and an Offer for Sale of 10,00,000 Equity Shares by Mr.Rohit Mehta, M/s.Balaji Universal Tradelink Pvt Ltd., M/s.The Metal Rolling Works Ltd., Ms.Anju Saraf, Ms.Jyoti Doshi and Mr.Bharat Doshi (the "Selling Shareholders"). The Issue Will Constitute 26.12% of the Fully Diluted Equity Share Capital of our Company. Issue Price is Rs.150/- per Equity Share of Face Value Rs.10/- each The Issue Price is 15 Times of the Face Value
Issue Money Payable On
Opens On Closes On Application Allotment
21-Jul-2008 24-Jul-2008 ₹ 150.00 ₹ 0.00
Minimum Application for shares in Nos : 40.0 Further Multiples of : 40.0
(₹)Cr. Lead Managers to the Issue
Project Cost 32.07 IDBI Capital Market Services Ltd
Project Financed through Current Offer 41.85
Post Issue Equity Share Capital 10.68
Issue Price ₹150.00
Projects
Facilities Expansion
Setting up of Quality Assurance Center& Mkt.Office
Setting up a Subsidiaries in UK & USA
General Corporate Purposes
Promoted By
Tutis Technologies Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

INDIAN INDICES

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83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

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NASDAQ
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23,916.07 -153.88(-0.64%)