Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited ("Resurgere" or "the issuer" or "our company") at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as "this issue").This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company.
Issue Price is Rs.270/- per equity share of face value Rs.10/-
The issue price is 27 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
11-Aug-2008
13-Aug-2008
₹ 270.00
₹ 0.00
Minimum Application for shares in Nos : 20.0
Further Multiples of : 20.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
291.21
Ashika Capital Ltd
Project Financed through Current Offer
120.15
Post Issue Equity Share Capital
28.54
Issue Price
₹270.00
Projects
Setting up own Extraction & Crushing Facil.at Mine