Public issue of 36,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 125/- per equity share (including share premium of Rs. 115/- per equity share) for cash aggregating Rs. 45.00 crores by Gravita India Limited (The "Issue"). The issue will constitute 26.43% of the post issue paid-up capital of the company. Upto 50,000 equity shares will be reserved in the issue for subscription by eligible employees (the "employee reservation portion"). The issue less the employee reservation portion is referred to as the "net issue". The net issue would constitute 26.06% of the post issue paid-up capital of the company.
Issue price: Rs. 125/- per equity share of face value of Rs. 10 each.
The issue price is 12.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
01-Nov-2010
03-Nov-2010
₹ 125.00
₹ 0.00
Minimum Application for shares in Nos : 50.0
Further Multiples of : 50.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
51.09
Keynote Corporate Services Ltd
Project Financed through Current Offer
45.00
Post Issue Equity Share Capital
13.62
Issue Price
₹125.00
Projects
To set up additional manufacturing facilities
To set up new manufacturing facility
To invest in overseas ventures
To invest in setting up manu. fac. at Australia,Be