Public issue of 56,60,000 equity shares of Rs. 10/- each for cash at a price of Rs.42/- per equity share, including share premium of Rs.32/- per equity share aggregating Rs.23.77 Crores by Barak Valley Cements Limited ('BVCL' or 'the company' or 'the issuer'). The issue comprises of reservation of 1,13,000 equity shares aggregating Rs.0.47 Crores for permanent employees (employees reservation portion) on a competitive basis and the "net issue to the public" of 55,47,000 equity shares aggregating Rs.23.30 Crores. The net issue to the public would constitute 25.03% of the fully diluted post issue paid up capital of the company.
Issue Price is Rs.42/- Per Equity Share of Face Value of Rs. 10 Each
The Issue Price is 4.2 times of the Face Value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Oct-2007
01-Nov-2007
₹ 42.00
₹ 0.00
Minimum Application for shares in Nos : 150.0
Further Multiples of : 150.0