Business Standard

Bartronics India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

48.75 cr

Price Range (₹)

75

Lot Size

90

Min Investment (₹)

6,750.00

Listing Exchange

MumbaiNSE

Open Date

20-Dec-2005

Close Date

24-Dec-2005

Listing Date

12-Jan-2006

Bartronics India Ltd News

    The Shares of Bartronics India Ltd have now been listed.

    Bartronics India Ltd IPO Details

    Public Issue of 65,00,000 Equity Shares of face value of Rs. 10/- each per share at a price of Rs. 75 for cash(including premium of Rs. 65 per share) aggregating Rs. 48.75 crores (hereinafter referred to as the issue) including Promoters' Reservation of 5,00,000 Equity Shares and Employee Reservation of 6,00,000 Equity Shares of face value of Rs. 10/- each per share at a price of Rs. 75 for cash aggregating Rs. 8.25 crores and net issue to the Public of 54,00,000 equity shares of face value or Rs. 10/- each per share at a Price of Rs. 75 for cash aggregating Rs. 40.50 crores (hereinafter referred to as the Net Issue) and the net issue would constitute 37.07% of the fully diluted post issue paid-up capital of the company.

    Objective of issue

    Setting up of R & D Technology Center. Establishing branches in India & Abroad. Repaying of Loan. Making Acquisitions. Meeting the Working capital requirements. Meeting Marketing Expenses.

    Bartronics India Ltd Contact Details

    Bartronics India Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

    Phone - 91-22-40430200

    Fax - 91-22-28475207

    Email - info@bartronicsindia.com

    Website - www.bartronics.com