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IPO Synopsis

Konndor Industries Ltd
Registered Office: 201 Avdhesh House,S G Highway Thaltej,Ahmedabad-380054, Gujarat
Tel. No: 91-79-26855714
Fax No: NA
Email: armspaperItd@gmaiI.com
Website: www.konndorindustries.com
Public issue of 13,80,000 equity shares of Rs 10/- each for cash at a premium of Rs 50 per share(price of Rs 60 per share) aggregating to Rs 8.28 cr and 2,00,000 shares of Rs 10/- each at a premium of Rs 65 per share aggregating Rs 1.50 cr reserved for firm allotment to promoter group.
Issue Money Payable On
Opens On Closes On Application
09-Mar-2000 14-Mar-2000 ₹30.00 - 0.00
Minimum Application for shares in Nos : 100.0 Further Multiples of :100.0
(₹ Cr) Lead Managers to the Issue
Project Cost 10.71 Canara Bank
Project Financed through Current Offer 8.28
Post Issue Equity Share Capital 5.52
Issue Price 60.00
Projects
To Invest in wholly owned subsidiary
To open in branch office
To expand existing offshore development centre
Promoted By
Rajan K Vasa
Kalyanbhai L Vasa
Listing At
Ahmedabad
Bangalore
Hyderabad
Registrar To The Issue