Public Issue of 9,000,000 Equity Shares of Rs. 10 each for cash at a price of Rs 120 per Equity Share(including a premium of Rs. 110 per Equity Share) aggregating Rs. 108 crores by Piramyd Retail Limited. This includes Promoter contribution of 4,000,000 Equity Shares at a price of Rs. 120 aggregating Rs. 48 crores and the net offer to public comprises of 5,000,000 Equity Shares at a price of Rs. 120 aggregating to Rs. 60 crores. The net offer to public would constitute 25% of the fully diluted post issue paid up capital of the Issuer.
The issue price is 12 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Nov-2005
16-Nov-2005
₹ 120.00
₹ 0.00
Minimum Application for shares in Nos : 50.0
Further Multiples of : 50.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
DSP Merrill Lynch Ltd
Project Financed through Current Offer
108.00
Post Issue Equity Share Capital
20.00
Issue Price
₹120.00
Projects
Capital Expend.&Deposits for setting up new stores
Upgrad. of Information Technology Infrastructure
Repayment of Bridge Loan to Ashok Cutting Tool Ltd