Public issue of 6,944,444 equity shares of Rs. 10/- each of Ashoka Buildcon Limited ("ABL" or the "company" or the "issuer") for cash at a price of Rs. 324 per equity share (including a share premium of Rs. 314 per equity share) aggregating Rs. 225.00 Crores (the "issue"). The issue includes a reservation of up to 34,722 equity shares of Rs. 10 each for the eligible employees (The "Employee Reservation Portion"). The issue less the employee reservation portion is referred to as the "Net Issue". The issue will constitute 13.2% of the post issue paid up capital of the company and the net issue will constitute 13.1% of the post issue paid up Capital of the company.
Issue price: Rs. 324 per equity share of face value Rs. 10 each
The issue price is 32.4 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Sep-2010
28-Sep-2010
₹ 324.00
₹ 0.00
Minimum Application for shares in Nos : 21.0
Further Multiples of : 21.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
225.00
Enam Securities Pvt Ltd
Project Financed through Current Offer
225.00
Post Issue Equity Share Capital
52.64
Issue Price
₹324.00
Projects
Investment in capital equipment
To meet working capital requirements
Prepayment/repayment of proj. loans of the company