Public Issue of 49,01,963 equity shares of face value of Rs 10 each at a price of Rs.102/- for cash at a premium, aggregating Rs. 50 crore (the issue). The issue comprises of promoters contribution of 2,45,099 equity shares aggregating Rs.2.5 crores (promoters contribution) and the net offer to the public of 46,56,864 equity shares through 100% Book Building process aggregating Rs.47.50 crores (net issue).
The issue would constitute 46.02 % of the post issue paid-up capital of the Company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
01-Sep-2005
09-Sep-2005
₹ 102.00
₹ 0.00
Minimum Application for shares in Nos : 60.0
Further Multiples of : 60.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
50.30
UTI Securities Ltd
Project Financed through Current Offer
50.00
Post Issue Equity Share Capital
10.65
Issue Price
₹102.00
Projects
Setting up of a forging unit.
Investment in joint venture with Nippon Leakles Cp