Ankit Metal & Power Ltd - Prospectus Synopsis

Ankit Metal & Power Ltd RHP

Registered Office : 35 Chittranjan Avenue , , Kolkata - 700012 , West Bengal , India.

Phone : 91-33-2211 0225/0226  Fax :

Email : cs@ankitmetal.com    Website : www.ankitmetal.com

Public issue of 1,19,00,000 equity shares of Rs.10/- each for cash at a price of Rs.36/- per equity share (including a share premium of Rs.26/- per equity share) aggregating Rs.42.84 Crores by Ankit Metal & Power Limited (the company or issuer or AMPL) (hereinafter referred to as the issue) comprising of promoters contribution of 23,10,000 equity shares of face value of Rs.10/- (hereinafter reffered to as the promoters contribution), 11,90,000 equity shares of face value of Rs.10/- reserved for the employees of the company (hereinafter reffered to as the employees reseration portion) and a net offer to the public of 84,00,000 equity shares of Rs.10/- each (hereinafter referred to as the net offer to the public.) Of which 8,40,000 equity shares being 10% of the net offer to the public to be compulsorily alloted to QIBs. The net offer to the public would constitute 25.55 % of the fully diluted post issue paid up capital of the company. Issue Price Rs.36/- per equity shares of face value Rs.10/- The issue price is 3.6 times the face value The project has a participation of Rs.60.00 Crores as terms loans from consortium of banks.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Jun-2007 22-Jun-2007 Rs 36 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 190 Further Multiples of : 190
  Rs Cr Lead Managers to the Issue
Project Cost 0 Chartered Capital and Investment Ltd
Project Financed through Current Offer 42.84  
Post Issue Equity Share Capital 32.88  
Issue Price Rs. 36  
Projects
To Part Finance the integrated Steel Plant
Promoted By Listing At Registrar to the Issue
Rohit Patni
Sarita Patni
Suresh Kumar Patni
Mumbai Link Intime India Pvt Ltd
 

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