M.D. Inducto Cast Ltd - Prospectus Synopsis

M.D. Inducto Cast Ltd RHP

Registered Office : M D House Plot No 2715/A , Waghawadi Road , Bhavnagar - 364001 , Gujarat , India.

Phone : 91-278-2570133  Fax : 91-278-2570133

Email : info@mdgroup.in    Website : www.rudratxt.com

Public issue of 63,84,000 equity shares of face value of Rs. 10 each (equity shares) of M.D. Inducto Cast Limited (the company or the issuer) for cash at a price of Rs. 27.00 per equity share, including a share premium of Rs. 17.00 per equity share (the issue price), aggregating Rs. 17.24 crores (the issue), of which 3,24,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 27.00 per equity share, aggregating 0.87 crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 60,60,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 27.00 per equity share, aggregating Rs. 16.36 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.50% and 25.16% respectively of the fully diluted post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-2015 02-Jul-2015 Rs 27 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 17.24 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 17.24  
Post Issue Equity Share Capital 24.09  
Issue Price Rs. 27  
Projects
Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Nikhil Gupta
Sahil Gupta
BSE - SME Karvy Computershare Pvt Ltd
 

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