Coral Hub Ltd - Prospectus Synopsis

Coral Hub Ltd RHP

Registered Office : Kingsley Chambers Block No 26 , Ramasamy Street T Nagar , Chennai - 600017 , Tamil Nadu , India.

Phone : 91-44-24362751-54  Fax : 91-44-24362756

Email :    Website :

Public Issue of 27,90,000 Equity Shares of Rs.10/- Each (Equity Shares) of Vishal Information Technologies Limited (the Company or the Issuer) for Cash at a Price of Rs.150/- per Equity Share (including Share Premium of Rs.140/- per Equity Share),aggregating to Rs.41.85 Crores Consisting of a Fresh Issue of 17,90,000 Equity Shares (Fresh Issue) and an Offer for Sale of 10,00,000 Equity Shares by Mr.Rohit Mehta, M/s.Balaji Universal Tradelink Pvt Ltd., M/s.The Metal Rolling Works Ltd., Ms.Anju Saraf, Ms.Jyoti Doshi and Mr.Bharat Doshi (the Selling Shareholders). The Issue Will Constitute 26.12% of the Fully Diluted Equity Share Capital of our Company. Issue Price is Rs.150/- per Equity Share of Face Value Rs.10/- each The Issue Price is 15 Times of the Face Value

Issue Money Payable On
Opens On Closes On Application Allotment
21-Jul-2008 24-Jul-2008 Rs 150 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 40 Further Multiples of : 40
  Rs Cr Lead Managers to the Issue
Project Cost 32.07 IDBI Capital Market Services Ltd
Project Financed through Current Offer 41.85  
Post Issue Equity Share Capital 10.68  
Issue Price Rs. 150  
Facilities Expansion
Promoted By Listing At Registrar to the Issue
Tutis Technologies Ltd
Mumbai Link Intime India Pvt Ltd

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