Public issue of 25,50,000 equity shares with face value of Rs. 10/- each (equity shares) for cash at a price of Rs.103/- per equity share (including a premium of Rs.93/- per equity share) aggregating to Rs.26.27 Crores (the issue). The issue shall constitute 25.04 % of the post issue paid up capital of the company.Issue is Price Rs.103/- per equity share of face value of Rs.10/- each.The issue price is 10.3 times of the face value