Reliance Naval & Engineering Ltd - Prospectus Synopsis

Reliance Naval & Engineering Ltd RHP

Registered Office : Pipavav Port , Post Ucchaiya Via-Rajula , Amreli - 365560 , Gujarat , India.

Phone : 91-2794-305000  Fax : 91-2794-305100

Email : rdel.investors@relianceada.com    Website : www.reliancedefence.co

Public issue of 85,450,225 equity shares of Rs. 10 each (equity shares) of Pipavav Shipyard Limited (the company or the issuer) for cash at the issue price of Rs. 58 per equity share for the investors other than the Anchor Investors and at the issue price of Rs. 60 per equity share for the Anchor investors, aggregating Rs. 498.67 Crores (The Issue). The issue will constitute 12.83% of the post-issue equity share capital of the company. Up to 600,000 equity shares of Rs. 10 each will be reserved in the issue for subscription by employees (As specifically defined herein in the section Definitions and abbreviations) at the issue price (the employee reservation portion). The issue less the employee reservation portion shall be hereinafter referred to as the net issue. The Net issue will constitute 12.74% of the post-issue equity share capital of the company. The Issue Price is Rs. 58 per equity share. The Face value of the equity shares is Rs. 10 each and the issue price is 5.8 times the face value (For the anchor investors, the issue price is Rs. 60 per equity share, which is 6 times the face value)

Issue Money Payable On
Opens On Closes On Application Allotment
16-Sep-2009 18-Sep-2009 Rs 58 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 110 Further Multiples of : 110
  Rs Cr Lead Managers to the Issue
Project Cost 2995.18 Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer 498.67  
Post Issue Equity Share Capital 665.8  
Issue Price Rs. 58  
Projects
Construction of Facili. for ShipBldg, Ship Repair
Promoted By Listing At Registrar to the Issue
Grevek Investment & Fin. P Ltd
Punj Lloyd Ltd
SKIL Infrastructure Ltd
Mumbai Karvy Computershare Pvt Ltd
 

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