Initial Public issue of 75,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 100 (including share premium of Rs. 90 per equity share) aggregating to Rs. 75.00 Crores (hereinafter referred to as the "issue"). The issue comprises a Reservation for eligible Employees of upto 50,000 Equity shares of Rs.10/-each (the "Employee Reservation Portion") aggregating to Rs. 0.50 Crores and the net issue to the Public of 74,50,000 Equity Shares of Rs. 10/-each (the " Net Issue") aggregating to Rs. 74.50 Crores.
The issue will constitute 37.96 % of the fully diluted post-issue paid-up capital of the company. The net isue to public would constitute 37.71% of the fully diluted post issue paid-up capital of the company.
Issue Price: Rs. 100/- per equity share of face value of Rs. 10/- each
The Issue price is 10.0 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
31-Aug-2009
02-Sep-2009
₹ 100.00
₹ 0.00
Minimum Application for shares in Nos : 70.0
Further Multiples of : 70.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
95.91
Keynote Corporate Services Ltd
Project Financed through Current Offer
75.00
Post Issue Equity Share Capital
19.76
Issue Price
₹100.00
Projects
Installation of Multi-Pressure Distillation Plant
Installation of Multi-Pressure Distillation plant
Spirit Based Starch Liquefaction Expn 60 to 75KLPD
Fermentation Modifi.Work in Grain Based Distillery
Powerpac Travelling Grate Furance Boilders
2000 KW/ 415V Bleed-cum-Back Pressure Turbine
Green House Gases Abatement Project under CDM
Brand Development for Marketing of IMFL Brands
Acquisition of Canteen Stores Dept. Reg.IMFL Brand