Issue of 90,00,000 equity shares of face value of Rs.10/- each ("Equity shares") of Rishabhdev Technocable Limited (the "Company" or the "issuer") for cash at a price of Rs. 33/- per equity share aggregating to Rs. 29.70 Crores ("issue"). The issue comprises of promoters contribution of 21,45,500 equity shares at a price of Rs. 33 per equity share aggregating to Rs. 7.08 Crores ('promoters contribution') and net issue to the public of 68,54,500 equity shares aggregating to Rs. 22.62 Crores. The net issue to the public would constitute 46.66% of the fully diluted post-issue equity share capital of the company.
Issue Price: Rs. 33 per equity share of face value Rs. 10 each
The issue price is 3.3 times of the face value
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
04-Jun-2009
09-Jun-2009
₹ 33.00
₹ 0.00
Minimum Application for shares in Nos : 200.0
Further Multiples of : 200.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
41.51
Ashika Capital Ltd
Project Financed through Current Offer
29.70
Post Issue Equity Share Capital
14.69
Issue Price
₹33.00
Projects
Expn.& Modern.of Existing Manufac. Facil. Unit I
Setting up New Manufa.Facil.(Unit II)Control Cable
Setting up New Manufa.Facil.(Unit III)Power Cables