Somi Conveyor Beltings Ltd

- Ashika Capital Ltd

Issue of 62,27,860 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share (including a Premium of Rs.25/-per Equity Share) of Somi Conveyor Beltings Ltd for cash aggregating to Rs.21.80 Crores (issue). The issue comprises of contribution by promoters, of 14,99,286 equity shares of Rs. 10/- each at a price of Rs.35 per equity share for cash aggregating to Rs.5.25 Crores (promoter's contribution portion), and the net issue to the public of 47,28,574 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share for cash aggregating to Rs.16.55 Crores (net issue to public) including an allocation of atleast 10% of the net issue to the public to Aualified Institutional Buyers (QIB Portion). The net issue to public would constitute 40% of the fully diluted post issue paid up capital of the company.The issue price is 3.5 times of the face value of the equity share.

  • Issue

    • Opens On24 Jun 2008
    • Closes On27 Jun 2008
  • Money Payable On

    • Application35
    • Allotment0
  • Project Cost (Cr.)35.09
  • Post Issue Equity Share Capital (Cr.)11.78
  • Issue Price (D)35

Further Multiples of: 200

Projects

  • Promoted By
    • Listing At - Mumbai
    • Registrar to the Issue - Universal Capital Sec. Pvt Ltd

    4F-15 Oliver House New Power House Road Jodhpur

    Rajasthan- 342001

    Phone - 91-0291-2765400

    Fax -

    Email - info@ombhansali.com

    Website - www.somiconveyor.com

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