TGB Banquets & Hotels Ltd - Prospectus Synopsis

TGB Banquets & Hotels Ltd RHP

Registered Office : The Grand Bhagwati , Plot No 380 S G Highway , Ahmedabad - 380054 , Gujarat , India.

Phone : 91-079-26841000  Fax : 91-079-26840915

Email : cs@tgbhotels.com    Website : www.tgbhotels.com

Public issue of 2,30,00,000 equity shares of Rs.10/- each for cash at a price of Rs.40/- per equity share (including a share premium of Rs.30/- per equity share) aggregating Rs.92.00 Crores by Bhagwati Banquets and Hotels Limited (the company or issuer) (hereinafter referred to as the issue) comprising promoters contribution of 45,44,600 equity shares of rs 10/- each at a price of Rs.40/- for cash aggregating to Rs.18.18 Crores (hereinafter reffered to as the promoters contribution) and a net issue to the public of 1,84,55,400 equity shares of Rs.10/- each at a price of Rs.40/- for cash aggregating to Rs.73.82 Crores (hereinafter referred to as the net issue.) The net issue to public would constitute 63.02% of the post issue paid up capital of the company. Issue Price is Rs.40/- per equity share of face value Rs.10/- The issue price is 4 times the face value

Issue Money Payable On
Opens On Closes On Application Allotment
18-Apr-2007 25-Apr-2007 Rs 40 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 175 Further Multiples of : 175
  Rs Cr Lead Managers to the Issue
Project Cost 0 Chartered Capital and Investment Ltd
Project Financed through Current Offer 92  
Post Issue Equity Share Capital 29.29  
Issue Price Rs. 40  
Projects
Capital Expenditure for starting Hotel
Promoted By Listing At Registrar to the Issue
Devanand Somani
Hemant Somani
Narendra Somani
Mumbai Link Intime India Pvt Ltd
 

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