Business Standard

E-Land Apparel Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

86.22 cr

Price Range (₹)

90

Lot Size

70

Min Investment (₹)

6,300.00

Listing Exchange

MumbaiNSE

Open Date

08-Feb-2007

Close Date

14-Feb-2007

Listing Date

09-Mar-2007

E-Land Apparel Ltd News

    The Shares of E-Land Apparel Ltd have now been listed.

    E-Land Apparel Ltd IPO Details

    Public issue of 95,80,000 equity shares of the face value Rs.10/- each at a price of Rs.90/- for cash at a premium aggregating Rs.86.22 Crores (hereinafter referred to as the issue), including employee reservation of 4,79,000 equity shares of the face value Rs.10/- each at a price of Rs.90/- for cash aggregating Rs.4.31 Crores and net issue to the public of 91,01,000 equity shares of face value Rs.10/- each at a price of Rs.90/- for cash aggregating Rs.81.91 Crores (here in after referred to as the net issue to the public) and the issue would constitute 26.62% of the post issue paid-up capital of our company. The Company has made a pre-ipo placement of 19,20,000 Equity Shares. The net offer to the public constitutes 25.29% of the post issue paid-up capital of our company.Issue Price is Rs.90/- per equity share of face value Rs.10 Issue price is 9.00 times the face value

    Objective of issue

    To part Finance the Proposed Expansion Facility. To meet Exp. for Gen. Corp. Purposes & Acquisition.

    E-Land Apparel Ltd Contact Details

    E-Land Apparel Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investor@elandapparel.com

    Website - www.elandapparel.com