Public issue of 27,42,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 25 per equity share (the "issue price") (including a share premium of Rs. 15 per equity share) aggregating Rs. 6.86 crores (the "issue") by the company, of which 11,58,000 equity shares of Rs. 10 each will be reserved for subscription by the promoter (the "promoter contribution") and 1,44,000 equity shares of face value of Rs. 10/- each will be reserved for subcription by market maker to the issue (the "market maker reservation portion"). The issue less the promoter's contribution and the market maker reservation portion i. e. Issue of 14,40,000 equity shares of face value of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 47.67% and 25.03%, respectively of the post issue paid up capital of the company.
The issue price is Rs. 25
The issue price is 2.5 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
18-Feb-2014
21-Feb-2014
₹ 25.00
₹ 0.00
Minimum Application for shares in Nos : 6000.0
Further Multiples of : 6000.0