Public issue of 38,35,000 equity shares of Rs.10/- each for cash at a price of Rs.295/- per equity share (including share premium of Rs.285/- per equity share) aggregating to Rs.113.13 Crores (hereinafter referred to as the "issue"). The issue comprises a reservation for eligible employees of upto 2,00,000 equity shares of Rs.10/- each ("employee reservation portion") and the net issue to the public of 36,35,000 equity shares of Rs.10/- each (the "net issue"). The issue would constitute 21.37% of the fully diluted post issue paid-up capital of the company. The net issue would constitute 20.26% of the fully diluted post issue paid-up capital of the company.
Issue Price is Rs.295/- per equity share of face value of Rs.10/-.
The issue price is 29.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
10-Sep-2007
12-Sep-2007
₹ 295.00
₹ 0.00
Minimum Application for shares in Nos : 20.0
Further Multiples of : 20.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
SREI Capital Markets Ltd
Project Financed through Current Offer
113.13
Post Issue Equity Share Capital
17.94
Issue Price
₹295.00
Projects
Acquisition of property & Constrn. of Bldg, ITES
improvement of the Co's Infrastructure Support sys
Purchase of Equipments such as Development Servers
Purchase of Equitments for FleeTrac Services
Set up of countrywide network of Sales&Support Off