Business Standard

B.L.Kashyap & Sons Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

188.38 cr

Price Range (₹)

685

Lot Size

10

Min Investment (₹)

6,850.00

Listing Exchange

MumbaiNSE

Open Date

20-Feb-2006

Close Date

23-Feb-2006

Listing Date

17-Mar-2006

B.L.Kashyap & Sons Ltd News

    The Shares of B.L.Kashyap & Sons Ltd have now been listed.

    B.L.Kashyap & Sons Ltd IPO Details

    Public Issue of 2,750,000 equity shares of Rs. 10 each for cash at a price of Rs. 685 per Equity Share aggregating Rs.188.38 crores (Issue). There will also be a Green Shoe Option of upto 250,000 Equity Shares to be lent by Mr. Vineet Kashyap, one of our Promoters. The Green Shoe Option exercised is1,70,000 equity shares for cash at a price of RS.685 per Equity Share aggregating Rs.11.64 crores. The issue and the Green Shoe Option, Partially exercised, aggregates 29,20,000 Equity Shares and amounts to Rs.200.02 Crores. The issue price is Rs.685 per Equity Share of Face Value Rs.10. Issue price is 68.5 times the Face Value

    Objective of issue

    Acquire Plants and Machineries. Acquire Land & Building. Augment long term working capital. Investments in subsidiary, BLK Furnishers.

    B.L.Kashyap & Sons Ltd Contact Details

    B.L.Kashyap & Sons Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - pushpak@blkashyap.com; info@blkashyap.com

    Website - www.blkashyap.com