IPO Synopsis
| Asian Granito India Ltd |
|---|
| Registered Office: 202 Devarc Opp Iskon Temple,Sarkhej Gandhinagar Highway,Ahmedabad-380015, Gujarat |
| Tel. No: 91-79-66125500/698 |
| Fax No: 91-79-66125600/66058672 |
| Email: cs@aglasiangranito.com |
| Website: www.aglasiangranito.com |
| Public issue of 70,00,000 equity shares of Rs. 10 each for cash at a price of Rs.97/- per equity share (including a share premium of Rs.87/- per equity share) aggregating Rs.67.90 Crores (the "issue") by Asian Granito India Limited (the "company", "AGIL" or the "issuer"). The issue is comprised of a reservation of 3,50,000 equity shares of Rs. 10 each for cash at a price of Rs.97/- per equity share aggregating Rs.3.40 Crores to the eligible employees of our company ("employee reservation portion") and a net issue to the public of 66,50,000 equity shares of Rs. 10 each (the "net issue") aggregating Rs.64.50 Crores. The issue would constitute 33.24% of the fully diluted post issue paid-up capital of our company. Issue Price is Rs.97/- per equity share of face value Rs.10 The issue price is 9.7 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 26-Jul-2007 | 31-Jul-2007 | ₹97.00 - 0.00 | |
| Minimum Application for shares in Nos : 60.0 | Further Multiples of :60.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 67.90 | Enam Financial Consultants Pvt Ltd |
| Project Financed through Current Offer | 67.90 | SBI Capital Markets Ltd |
| Post Issue Equity Share Capital | 21.06 | |
| Issue Price | 97.00 |
| Projects |
|---|
| Setting up of the wall tile unit |
| Modernisation & Exp. of existing Vitrified Plant |
| General Corporate Purposes |
| Promoted By |
|---|
| Kamleshbhai Patel |
| Hasmukhbhai Patel |
| Mukeshbhai Patel |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
