IPO Synopsis
| Birla Machining & Toolings Ltd(merged) |
|---|
| Registered Office: S-2 Vedant Commercial Complex,First Pokhran Road,Thane-400606, Maharashtra |
| Tel. No: 91-22-25883531/32/33/34 |
| Fax No: 91-22-25882540 |
| Email: investors@daggerforst.com |
| Website: www.daggerforst.com |
| Public issue of 40,06,150 equity shares of Rs. 10/- each for cash at a price of Rs.45/- inclusive of premium aggregating to Rs. 18.03 crores including promoters contribution of 4,00,000 equity shares for cash at a price of Rs.45 inclusive of premium aggregating to Rs. 1.80 crore. Thus net offer to public is 36,06,150 equity shares for cash at a price of Rs.45/- inclusive of premium aggregating to Rs. 16.23 crores The face value of the equity shares is Rs. 10/- per equity shares. The public issue price of Rs.45/- is 4.5 times of the face value. The net pubic issue would constitute 30.09 % of the post issue paid up capital of the company. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 27-Aug-2007 | 03-Sep-2007 | ₹45.00 - 0.00 | |
| Minimum Application for shares in Nos : 150.0 | Further Multiples of :150.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 29.00 | Centrum Capital Ltd |
| Project Financed through Current Offer | 18.03 | |
| Post Issue Equity Share Capital | 11.99 | |
| Issue Price | 45.00 |
| Projects |
|---|
| Setting up a new plant for machining facility |
| To replace the unsecured loan raised by company |
| Margin money for working capital requirement |
| Promoted By |
|---|
| Yashovardhan Birla |
| Nirved Traders Pvt Ltd |
| Birla Bombay Pvt Ltd |
| Listing At |
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| BSE |
| Registrar To The Issue |
|---|
