Public issue of 51,00,000 equity shares of Rs. 10 each for cash at a price of Rs.150/- per equity share aggregating to Rs.76.50 crores, ("issue") comprising a fresh issue of 51,00,000 equity shares of Rs.10 each by MIC Electronics Limited ("company" or "issuer"). The issue would constitute 25.34 % of our fully diluted post issue paid-up equity capital.
Issue Price is Rs.150/- per equity share of face value Rs.10/-
The Issue price is 15 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Apr-2007
08-May-2007
₹ 150.00
₹ 0.00
Minimum Application for shares in Nos : 45.0
Further Multiples of : 45.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Edelweiss Capital Ltd
Project Financed through Current Offer
76.50
Post Issue Equity Share Capital
20.13
Issue Price
₹150.00
Projects
Setting-up Addl.Facility for Manuf. of LED Boards
LED Video display sys. to be used for rental/Leasi