Public issue of 51,26,100 equity shares of Rs. 10/- each for cash at a premium of Rs.35/- per share (i.e. At a price of Rs.45/- per share) aggregating to Rs.23.07 Crores. The face value of the equity shares is Rs. 10/- per equity share and the public issue price of Rs.45/- is 4.5 times of the face value. The net public issue would constitute 37.84 % of the post issue paid up capital of the company.