Initial public offering of 72,60,000 equity shares of Rs. 10/- each at a price of Rs. 196 per share for cash (including Share Premium of Rs. 186 per share) aggregating to Rs. 142.30 Crores (hereinafter referred to as the issue) Additionally there is a Green Shoe Option of upto 10,89,000 equity shares to be offered for cash at a price of Rs. 196 each aggregating Rs. 21.34 Crores. The issue shall constitute 27.72% of the fully diluted post issue capital of our company, assuming the green shoe option is exercised and shall constitute 25% of the fully diluted post issue capital of our company, assuming the green shoe option is not exercised.
Issue Price: Rs.196/- per equity share of face value Rs.10/- each.
The issue price is 19.6 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Aug-2008
13-Aug-2008
₹ 196.00
₹ 0.00
Minimum Application for shares in Nos : 34.0
Further Multiples of : 34.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
196.00
Allbank Finance Ltd
Project Financed through Current Offer
142.30
Post Issue Equity Share Capital
29.03
Issue Price
₹196.00
Projects
To Establish 8 MW Captive Power Plant
To Setting up of 1,50,000 MTPA of Low Ash Metal.Co