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
IPO Details
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
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
Projects
Expansion in the unit by inc. in existing capacity
To part finance the marketing & corporate branding