Zenith Steel Pipes & Industries Ltd - Prospectus Synopsis

Zenith Steel Pipes & Industries Ltd RHP

Registered Office : 5th Floor Industry House , 159 Churchgate Reclamation , Mumbai - 400020 , Maharashtra , India.

Phone : 91-022-66168400  Fax : 91-022-22047835

Email : zenith@zenithsteelpipes.com    Website : www.zenithsteelpipes.com

Public issue of 2,38,18,182 equity shares of face value Rs.10/- each of Zenith Birla (India) limited (hereinafter Referred to as the company or issuer) at a premium of Rs.45/- per share (i.e.at a price of Rs.55/- per Share) for cash aggregating to Rs. 131.00 Crores (hereinafter referred to as the issue) comprising of promoters contribution of 45,45,455 equity shares of face value of Rs.10/- each at a price of Rs.55/- for Cash aggregating to Rs.25.00 Crores (hereinafter referred to as the promoters contribution) Including 19,27,272 equity shares are reserved for employees and directors 19,27,272 equity shares are reserved for existing shareholders; 19,27,272 equity shares are reserved for shareholders of group companies; 19,27,273 equity shares are reserved for NRIs and FIIs and 19,27,273 equity shares are reserved for Banks/mutual funds/indian financial institutions. The net offer to the public is of 96,36,365 equity shares of Rs.10/- each at a price of Rs.55/- for cash aggregating to Rs.53.00 Crores hereinafter referred to as the net issue). The issue would constitute 59% of post issue paid up capital of our company. The issue price of Rs.55 is 5.5 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
16-Oct-2006 20-Oct-2006 Rs 55 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 100 Further Multiples of : 100
  Rs Cr Lead Managers to the Issue
Project Cost 131 IDBI Capital Market Services Ltd
Project Financed through Current Offer 131  
Post Issue Equity Share Capital 40.07  
Issue Price Rs. 55  
Projects
Setting-up Addl.Fac. for Manu. of Mechanical Tubes
Promoted By Listing At Registrar to the Issue
Yash Birla
Mumbai Bigshare Services Pvt Ltd
 

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