Resurgere Mines & Minerals India Ltd - Prospectus Synopsis

Resurgere Mines & Minerals India Ltd RHP

Registered Office : 15 Morvi House 28/30 Goa Stree , Ballard Estate , Mumbai - 400038 , Maharashtra , India.

Phone : 91-22-66582500  Fax : 91-22-66582511

Email :info@resurgere.in    Website : www.resurgere.in

Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited (Resurgere or the issuer or our company) at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as this issue).This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company. Issue Price is Rs.270/- per equity share of face value Rs.10/- The issue price is 27 times of the face value