Prakash Steelage Ltd - Prospectus Synopsis

Prakash Steelage Ltd RHP

Registered Office : 101 1st Floor Shatrunjay Apts , 28 SindhiLane NanubhaiDesai Rd , Mumbai - 400004 , Maharashtra , India.

Phone :   Fax :

Email :    Website :

Public issue of 62,50,000 equity shares of Rs. 10/- each (Equity Shares) of Prakash Steelage Limited (The Company or The Issuer) for cash at a price of Rs. 110 per equity share (including share premium of Rs. 100 per equity share), aggregating to Rs. 68.75 crores (The Issue). Upto 1,00,000 equity shares will be reserved in the issue for subscription by eligible employees (the employee reservation portion). The issue would constitute 35.71% of the post issue paid-up capital of the company. The face value of the equity share is Rs. 10/- each and the issue price is 11 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Aug-2010 10-Aug-2010 Rs 110 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 60 Further Multiples of : 60
  Rs Cr Lead Managers to the Issue
Project Cost 118.37 Keynote Corporate Services Ltd
Project Financed through Current Offer 68.75  
Post Issue Equity Share Capital 17.5  
Issue Price Rs. 110  
Expansion of existing manufacturing facility
Promoted By Listing At Registrar to the Issue
Ashok M Seth
Prakash C Kanugo
Mumbai Bigshare Services Pvt Ltd

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