IPO Synopsis
| Sudar Industries Ltd |
|---|
| Registered Office: Plot No 27 & 29 Village Paud,Mazgaon Road Taluka Khalapur,Raigad-410222, Maharashtra |
| Tel. No: NA |
| Fax No: NA |
| Email: NA |
| Website: NA |
| Public issue of 90,88,000 equity shares of Rs. 10/- each of sudar Garments Limited (The 'Company" or The 'Issuer') for cash at a price of Rs. 77 per equity share, including a share premium of Rs. 67 per equity share, aggregating to Rs. 69.98 crores (The 'Issue'). The issue would constitute 49% of the fully diluted post-issue paid up capital of the company. The face value of the equity shares is Rs. 10/-. The issue price is Rs. 77 and is 7.7 times the face value of the equity share |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 21-Feb-2011 | 24-Feb-2011 | ₹77.00 - 0.00 | |
| Minimum Application for shares in Nos : 81.0 | Further Multiples of :81.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 74.77 | Ashika Capital Ltd |
| Project Financed through Current Offer | 69.98 | |
| Post Issue Equity Share Capital | 18.55 | |
| Issue Price | 77.00 |
| Projects |
|---|
| Expansion of the existing apparel manufact. unit |
| Meeting working capital requirement |
| Setting up retail outlets and brand building |
| Meeting general corporate expenses |
| Promoted By |
|---|
| Murugan Muthiah Thevar |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
