IssueOpens : 27 Aug 09
Issue Closes : 01 Sep 09
Price : 75
Public issue of 1,24,53,894 Equity shares of face value of Rs. 10/- each (Equity shares) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) aggregating Rs. [*] Crores (the issue) comprising of promoters’ contribution of 12,03,894 equity shares of Rs. 10 each at a price of Rs. [*] for cash aggregating Rs. [*] Crores (referred to as the promoters’ contribution) and reservation for eligible employees of our company of 5,00,000 equity shares Rs. 10 each at a price of Rs. [*] for cash aggregating Rs. [*] Crores (referred to as the (Employee Reservation portion). The net issue to the public is of 1,07,50,000 equity shares of Rs. 10 each at a price of Rs. [*] for cash aggregating Rs. [*] Crores (referred to as the net issue). The net issue shall constitute 43.00% of the post issue paid up capital of our company.Price Band: Rs.70 To Rs.75 Per Equity Share of Face Value of Rs. 10 Each.The Issue Price is 7 times of the Face Value at the Lower End of the price Band and 7.5 times of the Face Value at the Higher End of the price Band
Jindal Cotex Ltd . IPO Analysis