Public issue of 32,10,000 equity shares of Rs.10/- each for cash at a price of Rs.115/- per equity share, including share premium of Rs.105/- per equity share aggregating Rs.36.92 Crores by Insecticides (India) Limited ( 'the company' or 'the issuer'). The issue comprises of reservation of 32,100 equity shares aggregating Rs.0.37 Crores for permanent employees (employees reservation portion) on a competitive basis and the "net issue to the public" of 31,77,900 equity shares aggregating Rs.36.54 Crores. The net issue to the public would constitute 25.06% of the fully diluted post issue paid up capital of the company.
Issue Price is Rs.115/- per equity share of face value of Rs.10/- each.
The issue price is 11.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-May-2007
11-May-2007
₹ 115.00
₹ 0.00
Minimum Application for shares in Nos : 60.0
Further Multiples of : 60.0