Public Issue of 49,01,963 equity shares of face value of Rs 10 each at a price of Rs.102/- for cash at a premium, aggregating Rs. 50 crore (the issue). The issue comprises of promoters contribution of 2,45,099 equity shares aggregating Rs.2.5 crores (promoters contribution) and the net offer to the public of 46,56,864 equity shares through 100% Book Building process aggregating Rs.47.50 crores (net issue). The issue would constitute 46.02 % of the post issue paid-up capital of the Company.