Public issue of 2,06,89,656 equity shares of Rs. 10/- each ("Equity Shares") of Servalakshmi Paper Limited (The "Company" or The "Issuer") for cash at a price of Rs. 29 per equity share (including Share premium of Rs. 19 per equity Share), aggregating to Rs. 60.00 crores (The "Issue"). The issue would constitute 47.99% of the post issue paid-up capital of the company.
Issue price: Rs. 29/- per equity share of face value of Rs. 10/- each
The issue price is 2.9 times the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
27-Apr-2011
29-Apr-2011
₹ 29.00
₹ 0.00
Minimum Application for shares in Nos : 200.0
Further Multiples of : 200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
340.00
Indian Overseas Bank
Project Financed through Current Offer
60.00
Post Issue Equity Share Capital
0.00
Issue Price
₹29.00
Projects
Purchase of equipm. for prod. value added products