Initial Public Offering of 1,15,00,000 equity shares of Rs. 10 each at a price of Rs. 64 per equity share for cash (including share premium of Rs. 54 per share) aggregating Rs. 73.60 crores (The "Issue"). The issue shall constitute 47.92% of the fully diluted post issue capital of the company.
Issue price: Rs. 64/- per equity share of face value Rs. 10 each.
The issue price is 6.4 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
08-Dec-2010
10-Dec-2010
₹ 64.00
₹ 0.00
Minimum Application for shares in Nos : 100.0
Further Multiples of : 100.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
73.60
Comfort Securities Pvt Ltd
Project Financed through Current Offer
73.60
Post Issue Equity Share Capital
24.00
Issue Price
₹64.00
Projects
Expansion in the unit by inc. in existing capacity
To part finance the marketing & corporate branding