Public issue of 85,00,000 equity shares of the face value of Rs. 10/- each for cash at a price of Rs.60/-per equity share (including share premium of Rs.50/- per equity share) aggregating Rs.51.00 Crores, (hereinafter referred to as "the issue"). The issue comprises a reservation for eligible employees of upto 4,75,000 equity shares of Rs.10 each (the "employee reservation portion") and the net issue to the public of 80,25,000 equity shares of rs.10/- each. (the "net issue") the issue would constitute 43.35% of the fully diluted post issue paid-up capital of the company. The net issue to the public would constitute 40.93% of the fully diluted post issue paid up capital of the company.
Issue Price is Rs.60/- per equity share of face value of Rs.10/- each
The issue price is 6 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
20-Nov-2007
23-Nov-2007
₹ 60.00
₹ 0.00
Minimum Application for shares in Nos : 100.0
Further Multiples of : 100.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
57.00
SREI Capital Markets Ltd
Project Financed through Current Offer
51.00
Post Issue Equity Share Capital
19.61
Issue Price
₹60.00
Projects
To Purchase Cap. Equipments for Constrn. & Infras.
Investment in BOT/BOOT Projects
To Meet the Long Term Working Capital requirements