Circuit Systems (India) Ltd - IPO

Circuit Systems (India) Ltd IPO Details

Public issue of 42,44,810 equity shares of Rs. 10/- each for cash at a premium of Rs. 25/- per equity share aggregating to Rs.14.86 Crores including promoter contribution of 12,44,810 equity shares of Rs.10/- each for cash at a premium of Rs.25/- per equity share aggregating to Rs 4.36 Crores and a net issue to the public of 30,00,000 equity shares of Rs.10 /-each for cash at a premium of Rs.25/- per equity share aggregating to Rs.10.50.00 Crores.The face value of the equity shares is Rs.10/- per equity share and the issue price of Rs.35/- per equity share is 3.5 times of the face value. The net issue would constitute 25% of the fully diluted post issue paid up capital of Circuit systems (india) limited.

Objective of issue

Capital Expenditure for Expanding Capacity of PCBs. Acquisn of Co./Business in the Same Line Activity. Working Capital Margin Requirement.

Circuit Systems (India) Ltd Contact Details

Circuit Systems (India) Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@mycsil.com

Website - www.mycsil.com