Gangotri Textiles Ltd - Prospectus Synopsis

Gangotri Textiles Ltd RHP

Registered Office : 25-A Venkatachalam CoOP Colony , R S Puram , Coimbatore - 641002 , Tamil Nadu , India.

Phone : 91-0422-4332100  Fax : 91-0422-2474499

Email :    Website :

Public issue of 1,34,14,634 equity shares of Rs. 5/- each for cash at a price of Rs. 41 (including premium of Rs. 36) per share aggregating Rs. 55.00 crores (hereinafter referred to as The Issue). The issue comprises a net offer to the public of 1,16,70,732 equity shares of Rs. 5/- each aggregating to Rs. 47.85 crores (Net Offer) and a reservation for employees of Gangotri Textiles Limited of upto 4,02,439 equity shares of Rs. 5/- each aggregating to Rs. 1.65 crores and a reservation of upto 13,41,463 equity shares of Rs. 5/- each for the existing retail shareholders of the company aggregating to Rs. 5.50 crores. The issue would constitute 41.13% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 41 per equity share of Rs. 5/- each The issue price is 8.20 times the face value of Rs. 5/- per share.

Issue Money Payable On
Opens On Closes On Application Allotment
18-May-2006 23-May-2006 Rs 41 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 125 Further Multiples of : 125
  Rs Cr Lead Managers to the Issue
Project Cost 351 Keynote Corporate Services Ltd
Project Financed through Current Offer 55  
Post Issue Equity Share Capital 16.31  
Issue Price Rs. 41  
Spinning I- A ring spinning unit of 19200 spindles
Promoted By Listing At Registrar to the Issue
Manoj Kumar Tibrewal
Mohanlal Tibrewal
Chennai Link Intime India Pvt Ltd

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