ABG Shipyard Ltd - Prospectus Synopsis

ABG Shipyard Ltd RHP

Registered Office : Near Magdalla Port , Dumas Road , Surat - 395007 , Gujarat , India.

Phone : 91-261-2725191  Fax : 91-261-3048243

Email : shipyard@abgindia.com    Website : www.abgindia.com

Public Issue of up to 8,500,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 185 per Equity Share aggregating to Rs. 157.25 crores by ABG Shipyard Ltd (The company or Issuer). The fresh Issue referred to herein as the Issue includes a reservation of 200,000 equity shares for subscription by employees of ABG Shipyard Ltd (The Employee Reservation Portion) and net issue to the Public of 8,300,000 Equity Shares of the face value of Rs. 10 each at the price of Rs. 185 for cash aggregating Rs. 153.55 crores(herewith referred to as Net Issue). The net issue would constitute 16.30 % of the fully diluted post issue paid up capital of the company. The face value of the share is Rs. 10 and the issue price is 18.5 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Nov-2005 26-Nov-2005 Rs 185 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 35 Further Multiples of : 35
  Rs Cr Lead Managers to the Issue
Project Cost 0 ICICI Securities Ltd
Project Financed through Current Offer 157.25  
Post Issue Equity Share Capital 50.9  
Issue Price Rs. 185  
Setting up a New Shipyard
Promoted By Listing At Registrar to the Issue
ABG International Pvt Ltd
Rishi Agarwal
Saket Agarwal
Mumbai Intime Spectrum Registry Ltd

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