Opto Circuits (India) Ltd - IPO

Opto Circuits (India) Ltd IPO Details

Public issue of 40,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.270 per equity share aggregating to Rs.108 crores by Opto Circuits (India) Limited (the company or issuer) (hereinafter referred to as the issue). The issue comprises a net issue to the public of upto 32,00,000 equity shares of Rs.10/- each, a reservation for employees upto 4,00,000 equity shares of Rs.10/- each and a reservation For existing retail shareholders upto 4,00,000 equity shares of Rs.10/- each, at the issue price. The issue would constitute 12.98 % of the fully diluted post issue paid up capital of the company.Issue Price Rs. 270 per equity share of face value of Rs.10/-The Issue price is 27 times the face value

Objective of issue

To upgrade Research & Development facility. Cost for upgrad. Infra. & addit. plant & machinery. Investment in Mediaid Inc for est. marketing off.. Acquisition of EuroCor GmbH, GmbH. Additional working capital requirement.

Opto Circuits (India) Ltd Contact Details

Opto Circuits (India) Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - 18@optoindia.com, investorsservices@optoindia.com

Website - www.optocircuits.com