Public issue of 78,74,570 equity shares of Rs.10/- each for cash at a price of Rs.170 per equity share aggregating Rs.133.87 Crores (the "issue"), including a reservation for eligible employees of 1,40,000 equity shares (the "employee Reservation portion") and a net issue to the public of 7,734,570 equity shares (the "net issue") by KNR Constructions
Limited ("company"/"issuer"). The issue would constitute 28.00% of the fully diluted post issue paid up capital of our company. The net issue would constitute 27.50% of the fully diluted post issue paid-up equity capital of our Company.
Issue price is Rs.170 per equity share of face value Rs. 10/-
The issue price is 17 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
24-Jan-2008
29-Jan-2008
₹ 170.00
₹ 0.00
Minimum Application for shares in Nos : 35.0
Further Multiples of : 35.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
134.05
Axis Bank Ltd
Project Financed through Current Offer
133.87
Post Issue Equity Share Capital
28.12
Issue Price
₹170.00
Projects
Purchase of Capital Equipment
Further Equity Investment in BOT Projects
Augmenting Working Capital requirements
Contrn towards Unsecured Loan Portion in BOT Proj.