Varun Industries Ltd - Prospectus Synopsis

Varun Industries Ltd pdf Icon RHP

Registered Office : 13 Shankeshwar Darshan , A G Pawar Cross Lane Byculla-E , Mumbai - 400027 , Maharashtra , India.

Phone : 91-22-23727400  Fax : 91-22-23748686

Email :investor_relation@varun.com    Website : www.varun.com

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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
10/25/2007 12:00:00 AM 10/31/2007 12:00:00 AM Rs 60 - 0Rs 0 - 0
Minimum Application for shares in Nos : 100 Further Multiples of : 100
 Rs CrLead Managers to the Issue
Project Cost 55.24 -
Project Financed through Current Offer 54  
Post Issue Equity Share Capital 55.24  
Issue PriceRs. 60 
Projects
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Promoted ByListing AtRegistrar to the Issue
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