Public issue of 1,24,53,894 Equity shares of face value of Rs. 10/- each ("Equity shares") for cash at a price of Rs. 75 per equity share (including a premium of Rs. 65 per equity share) aggregating Rs. 93.40 Crores ("the issue") comprising of promoters' contribution of 12,03,894 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 9.03 Crores (referred to as the "promoters' contribution") and reservation for eligible employees of the company of 5,00,000 equity shares Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 3.75 Crores (referred to as the ("Employee Reservation portion"). The net issue to the public is of 1,07,50,000 equity shares of Rs. 10 each at a price of Rs. 75 for cash aggregating Rs. 80.63 Crores (referred to as the "net issue"). The net issue shall constitute 43.00% of the post issue paid up capital of the company.
Issue Price: Rs.75 Per Equity Share of Face Value of Rs. 10 Each.
The Issue Price is 7.5 times of the Face Value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Aug-2009
01-Sep-2009
₹ 75.00
₹ 0.00
Minimum Application for shares in Nos : 90.0
Further Multiples of : 90.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Saffron Capital Advisors Pvt Ltd
Project Financed through Current Offer
93.40
Post Issue Equity Share Capital
25.00
Issue Price
₹75.00
Projects
Setting up a new facility for manu. of cotton yarn