Public issue of 46,00,000 Equity shares of Rs.10/- each issued for cash at a price of Rs.130/- per share aggregating Rs.59.80 Crores (hereinafter referred to as "the issue") including employee reservation of 1,00,000 equity shares of face value Rs.10/- each at a price of Rs.130 for cash aggregating Rs.1.30 Crores and net issue to the public of 45,00,000 equity shares of face value Rs.10/- each at a price of Rs.130 for cash aggregating Rs.58.50 Crores (hereinafter referred to as the "net issue to the public"). The net issue to the public would constitute 25.03% of the fully diluted post issue paid-up capital of the company
Issue Price : Rs.130 per Equity Share of Rs. 10/- each
The issue price is 13 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
01-Sep-2006
07-Sep-2006
₹ 130.00
₹ 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
Karvy Investor Services Ltd
Project Financed through Current Offer
59.80
Post Issue Equity Share Capital
17.98
Issue Price
₹130.00
Projects
To Set-up Manu.plant for Loaders,Tower Cranes& Eqp
Expand/Modernize the Existing Capacities/Facilitie