Present issue of 1,12,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share aggregating Rs. 56.25 Crores. Net offer to the public of 42,50,000 equity shares of Rs. 10/- each for cash at a premium of Rs. 40 per equity share, aggregating Rs.21.25 Crores (The Net Issue). The net issue will constitute 27.30% of the fully diluted post issue capital of the company. Issue price is Rs.50/- per Equity ShareThe issue price is 5 times of the face value