Public issue of 80,45,557 equity shares of Rs. 10/- each of Decolight Ceramics Limited (hereinafter referred to as the "company" or "issuer") at a price of Rs.54/- per equity share for cash aggregating Rs.43.45 Crores (hereinafter referred to as the "issue") including promoter's contribution of 1,66,668 equity shares of Rs.10/- each at a price of Rs.54/- per equity share for cash aggregating Rs.0.90 Crores (hereinafter referred to as the "promoter's contribution") and net issue to the public of 78,78,889 equity shares at a price of Rs.54/- per equity share aggregating Rs.42.55 Crores (hereinafter referred to "net issue") the net issue will constitute 42.98% of the post issue paid-up capital of our company.
Issue Price is Rs.54/- per equity share of Fave Value Rs.10/-each
The issue price is 5.4 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-May-2007
29-May-2007
₹ 54.00
₹ 0.00
Minimum Application for shares in Nos : 125.0
Further Multiples of : 125.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
62.50
Chartered Capital and Investment Ltd
Project Financed through Current Offer
43.45
Post Issue Equity Share Capital
18.34
Issue Price
₹54.00
Projects
To expand capa. of Vitrified tiles to 12000SQMetPD