Public issue of 35,71,430 equity shares of Rs. 10/- each for cash at a Price of Rs.140/- per share (including a share premium of Rs.130/- per Equity Share) aggregating Rs.50.00 Crores (hereinafter referred to as "the issue"). The issue would constitute 25.79 % of fully diluted post issue paid up capital of the company.
Issue Price is Rs.140/- per equity share of face value Rs. 10/-
Issue price is 14 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
05-Jul-2007
11-Jul-2007
₹ 140.00
₹ 0.00
Minimum Application for shares in Nos : 50.0
Further Multiples of : 50.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
66.06
Centrum Capital Ltd
Project Financed through Current Offer
50.00
Post Issue Equity Share Capital
13.85
Issue Price
₹140.00
Projects
Cap. Exp. for Instit. Educ. & IT Infra. Services
Cap. Exp for Virtual &Tech Enabled learning Sol.
Working Capital Requirements
Brand building exercise for the company
Funding the proposed Mergers & Acquisitions acti.
To Invest in Pros. Subs. to retail Educational aid