Public issue of 41,00,000 equity shares of Rs. 10/- each for cash at an issue price of Rs.100/- per equity share aggregating to Rs.41.00 Crores (hereinafter referred to as 'the issue'). The issue comprises 2,05,000 equity shares of Rs.10/- each aggregating to Rs.2.05 Crores reserved for employees of the company and net issue to public of 38,95,000 equity shares of Rs.10/- each aggregating to Rs.38.95 Crores. The issue would constitute 29.27 % of the post issue paid-up capital of the company.
Issue Price is Rs.100/- per Equity Share of face value of Rs. 10/- each.
The Issue Price is 10 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
20-Feb-2007
01-Mar-2007
₹ 100.00
₹ 0.00
Minimum Application for shares in Nos : 60.0
Further Multiples of : 60.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
UTI Bank Ltd
Project Financed through Current Offer
41.00
Post Issue Equity Share Capital
14.01
Issue Price
₹100.00
Projects
To Part fund the Expansion Project
To Meet the Work. Cap. requirement for Expan. Proj