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IPO Details


MIC Electronics Ltd
Registered Office: Plot No 192/B Phase-II, IDA Cherlapally, Hyderabad - 500051, Telangana
Phone:
Email: cs@mic.co.in
Website: www.mic.co.in
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 Further Multiples of : 45
()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
Products Up-gradation/Development
Design & Development of 3D Stereoscopic Displays
Market Development - Domestic & Overseas
Acquisition of Infostep Inc, USA
Augment working Capital requirements
Promoted By
Maganti Venkata Ramana Rao
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,059.18 874.38 (1.05%)

Nifty

25,658.80 243.00 (0.96%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)