Public issue of 70,35,714 equity shares of Rs. 10 each for cash at a price of Rs.56/- per equity share aggregating Rs.39.40 Crores (the "issue") by L.T. Overseas Limited ("LTOL" or "the company" or "the issuer"). The issue comprises of reservation of 3,90,000 equity shares aggregating Rs.2.18 Crores for permanent employees (employee reservation portion) on a competitive basis and the "net issue to public" of 66,45,714 equity shares aggregating Rs.37.22 Crores. The issue would constitute 29.84% of the fully diluted post-issue paid up capital of the company.
Issue Price Rs.56/- per equity share of face value of Rs. 10 each.
The issue Price is 5.6 times the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Nov-2006
30-Nov-2006
₹ 56.00
₹ 0.00
Minimum Application for shares in Nos : 125.0
Further Multiples of : 125.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
IL&FS Investsmart Ltd
Project Financed through Current Offer
39.40
Post Issue Equity Share Capital
22.27
Issue Price
₹56.00
Projects
To set-up new Parboiled Rice Proc. & Milling Cap.
To set-up new milling line for prod.value add Rice
To Add Bal. Equipments&Automation of Existing Faci