Business Standard

Birla Cotsyn India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

144.18 cr

Price Range (₹)

14

Lot Size

350

Min Investment (₹)

4,900.00

Listing Exchange

MumbaiNSE

Open Date

30-Jun-2008

Close Date

09-Jul-2008

Listing Date

30-Jul-2008

Birla Cotsyn India Ltd News

    The Shares of Birla Cotsyn India Ltd have now been listed.

    Birla Cotsyn India Ltd IPO Details

    Initial public offering of 10,29,82,729 equity shares of Rs.10/- each for cash at a price of Rs.14/- per equity share aggregating to Rs.144.18 Crores (hereinafter referred to as the issue). The issue comprises promoters contribution of 2,61,75,587 equity shares of Rs.10/- each for cash at a price of Rs.14/- per equity share aggregating to Rs.36.65 Crores (hereinafter referred to as promoters contribution) and employee reservation of 51,78,571 equity shares of Rs.10/- each for cash on competitive basis at a price of Rs.14/- per equity share aggregating Rs.7.25 Crores (hereinafter referred to as the employee reservation portion). The issue less the promoters contribution and employee reservation portion is referred to as net issue to public (hereinafter referred to as the net issue or net issue to the public).The net issue would constitute 61.43% the fully diluted post issue paid-up capital of our company.Issue Price is Rs.14/- per equity share of face value Rs.10/- each;The issue price is 1.4 times of the face value

    Objective of issue

    Expansion of integrated Textile Project. To Set up a Garment Manufacturing Plant. To Establish Retail Outlets.

    Birla Cotsyn India Ltd Contact Details

    Birla Cotsyn India Ltd, 19/20 Jaferbhoy Ind, 1st Floor Makwana Rd, Marol Naka, Mumbai - 400 059

    Phone - 91-022-28594060

    Fax - 91-022-28503748

    Email - complianceofficer@birlacotsyn.com

    Website - www.birlacotsyn.com