Usher Agro Ltd - Prospectus Synopsis

Usher Agro Ltd RHP

Registered Office : 422 Laxmi Plaza Laxmi Indl Est , New Link Road Andheri(W) , Mumbai - 400053 , Maharashtra , India.

Phone : 91-22-39381100  Fax : 91-22-39381123

Email : cs.mumbai@usheragro.com    Website : www.usheragro.com

Public issue of 1,20,12,000 Equity Shares of face value Rs.10/- each of Usher Agro Limited (hereinafter referred to as the company or issuer) at a premium of Rs.5/- per share (i.e. at a price of Rs.15/- per share) for cash aggregating to Rs.18.02 Crores (hereinafter referred to as the issue) comprising of promoters contribution of 32,00,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.4.80 Crores (hereinafter referred to as the promoters contribution). The net offer to the public is of 88,12,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.13.22 Crores (hereinafter referred to as the net issue). The Issue would constitute 66.69% of post issue paid up capital of our Company. The issue price of Rs.15/- per Equity Share is 1.5 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
05-Sep-2006 11-Sep-2006 Rs 15 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 400 Further Multiples of : 400
  Rs Cr Lead Managers to the Issue
Project Cost 25.02 IDBI Capital Market Services Ltd
Project Financed through Current Offer 18.02  
Post Issue Equity Share Capital 18.01  
Issue Price Rs. 15  
Projects
To Part Fin.WheatRoller Flour Mill Proj.at Mathura
Promoted By Listing At Registrar to the Issue
Manoj Chaturvedi
Vinod Kumar Chaturvedi
Mumbai Investors Service of India Ltd
 

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