West Bengal, India.
Public issue of 42,62,000 equity shares of face value (₹) 10 each ("Equity Shares") of the company for cash at a price of
(₹) 54/- per equity share (including a securities premium of
(₹) 44/- per equity share) (the "Issue Price"), aggregating upto (₹) 23.01 crores ("Issue") of the issue, 2,14,000 equity shares aggregating to (₹) 1.16 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 40,48,000 equity shares of face value of (₹) 10 each at an issue price of (₹) 54/- per equity share aggregating to (₹) 21.86 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.92%% and 26.52%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (₹) 10/- and the issue price is 5.4 times of the face value.
Minimum Application for shares in Nos :
4000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
19.84
Khandwala Securities Ltd