Public issue of 50,00,000 equity shares of Rs.10/- each at a price of Rs.75/- per equity share for cash aggregating Rs.37.50 Crores (hereinafter referred to as the issue). The issue would constitute 33.11 % of the post issue paid-up capital of the company.Issue Price is Rs.75/- per equity shareThe issue price is 7.5 times of the face value