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IPO Details


Varun Industries Ltd
Registered Office: 13 Shankeshwar Darshan, A G Pawar Cross Lane Byculla-E, Mumbai - 400027, Maharashtra
Phone: 91-22-23727400
Email: investor_relation@varun.com
Website: www.varun.com
Public issue of 90,00,000 equity shares of face value of Rs.10/- each of Varun Industries Limited (hereinter referred to as the company or issuer) at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.54.00 Crores (hereinafter referred to as the issue) comprising promoters' contribution of 24,30,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.14.58 Crores (hereinafter referred to as the promoters' contribution). The net issue to the public is 65,70,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.39.42 Crores (hereinafter referred to as the net issue). The net issue would constitute 29.71% of post issue paid up capital of our company. The issue price of Rs. 60/- per equity share is 6 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Oct-2007 31-Oct-2007 60.00 0.00
Minimum Application for shares in Nos : 100 Further Multiples of : 100
()Cr. Lead Managers to the Issue
Project Cost 55.24 IDBI Capital Market Services Ltd
Project Financed through Current Offer 54.00
Post Issue Equity Share Capital 22.11
Issue Price 60.00
Projects
Brand Building &Launching products in Domestic Mkt
Margin Money for Working Capital requirements
Promoted By
Kiran N Mehta
Kailash S Agarwal
Virendra N Mehta
Listing At
BSE
NSE
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

79,486.32 -55.47 (-0.07%)

Nifty

24,148.20 -51.15 (-0.21%)

GLOBAL INDICES

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NASDAQ

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