Solar Industries India Ltd - Prospectus Synopsis

Solar Industries India Ltd RHP

Registered Office : Solar House 14 Kachimet , Amravati Road , Nagpur - 440023 , Maharashtra , India.

Phone : 91-0712-2561000/2560010/6681888  Fax : 91-0712-2560202

Email :    Website :

Public Issue of 44,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.190 per equity share aggregating to Rs.83.60 crores (hereinafter referred to as the Issue) by Solar Explosives Limited (the Company or the Issuer). The face value of the equity shares is Rs. 10 each. The issue includes a reservation of 60,000 equity shares for subscription by eligible employees of the company. The net issue to the public shall be 43,40,000 equity shares. The net issue would constitute 25.05% of the fully diluted post issue paid-up capital of the Company. Issue price is Rs.190 per Equity Share of Face Value Rs.10/- each Issue price 19 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-2006 13-Mar-2006 Rs 190 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 30 Further Multiples of : 30
  Rs Cr Lead Managers to the Issue
Project Cost 76.38 SBI Capital Markets Ltd
Project Financed through Current Offer 83.6  
Post Issue Equity Share Capital 17.32  
Issue Price Rs. 190  
Expansion proj. for manu. Bulk Explosives in India
Promoted By Listing At Registrar to the Issue
Kailashchandra Nandlal Nuwal
Nandlal Nuwal
Satyanarayan Nandlal Nuwal
Mumbai Link Intime India Pvt Ltd

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