Varun Industries Ltd

Indbank Merchant Banking Services Ltd

Public issue of 90,00,000 equity shares of face value of Rs.10/- each of Varun Industries Limited (hereinter referred to as the company or issuer) at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.54.00 Crores (hereinafter referred to as the issue) comprising promoters' contribution of 24,30,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.14.58 Crores (hereinafter referred to as the promoters' contribution). The net issue to the public is 65,70,000 equity shares of Rs.10/- each at a price of Rs.60/- for cash at a premium of Rs.50/- per equity share aggregating to Rs.39.42 Crores (hereinafter referred to as the net issue). The net issue would constitute 29.71% of post issue paid up capital of our company.The issue price of Rs. 60/- per equity share is 6 times the face value.

  • Issue

    • Opens On25 Oct 2007
    • Closes On31 Oct 2007
  • Money Payable On

    • Application60
    • Allotment0
  • Project Cost (Cr.)55.24
  • Post Issue Equity Share Capital (Cr.)22.11
  • Issue Price (D)60

Further Multiples of: 100

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Bigshare Services Pvt Ltd

    13 Shankeshwar Darshan A G Pawar Cross Lane Byculla-E Mumbai

    Maharashtra- 400027

    Phone - 91-22-23727400

    Fax - 91-22-23748686

    Email - investor_relation@varun.com

    Website - www.varun.com

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