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
IPO Details
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
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
Projects
Setting up a new 1500TPD Soyabean Processing Plant