Public issue of 71,58,392 equity shares of Rs. 10 each of Gokul Refoils and Solvent Limited ("Gokul" or "our company" or the "issuer") for cash at a price of Rs.195/- per equity share [including a share premium of Rs.185/- per equity share] aggregating to Rs.139.59 Crores (the "issue"). The issue comprises a reservation of upto 75,000 equity shares for subscription by eligible employees (as defined herein) (the "Employee reservation portion") and a net issue to the pubic of 70,83,392 equity shares (the "net issue to the public"). The net issue to the public will constitute 26.85% of the fully diluted post issue paid-up capital of our company. The issue will constitute 27.14% of the fully diluted post issue paid-up Capital of our company.
Issue Price is Rs.195/- per equity share of face value Rs. 10 each.
The issue price is 19.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
08-May-2008
13-May-2008
₹ 195.00
₹ 0.00
Minimum Application for shares in Nos : 35.0
Further Multiples of : 35.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
192.84
Anand Rathi Securities Ltd
Project Financed through Current Offer
139.59
Post Issue Equity Share Capital
26.38
Issue Price
₹195.00
Projects
Setting up a new 1500TPD Soyabean Processing Plant