Business Standard

Globus Spirits Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

75.00 cr

Price Range (₹)

100

Lot Size

70

Min Investment (₹)

7,000.00

Listing Exchange

MumbaiNSE

Open Date

31-Aug-2009

Close Date

02-Sept-2009

Listing Date

23-Sept-2009

Globus Spirits Ltd News

    The Shares of Globus Spirits Ltd have now been listed.

    Globus Spirits Ltd IPO Details

    Initial Public issue of 75,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 100 (including share premium of Rs. 90 per equity share) aggregating to Rs. 75.00 Crores (hereinafter referred to as the issue). The issue comprises a Reservation for eligible Employees of upto 50,000 Equity shares of Rs.10/-each (the Employee Reservation Portion) aggregating to Rs. 0.50 Crores and the net issue to the Public of 74,50,000 Equity Shares of Rs. 10/-each (the Net Issue) aggregating to Rs. 74.50 Crores. The issue will constitute 37.96 % of the fully diluted post-issue paid-up capital of the company. The net isue to public would constitute 37.71% of the fully diluted post issue paid-up capital of the company.Issue Price: Rs. 100/- per equity share of face value of Rs. 10/- eachThe Issue price is 10.0 times of the face value

    Objective of issue

    Installation of Multi-Pressure Distillation Plant. Installation of Multi-Pressure Distillation plant. Spirit Based Starch Liquefaction Expn 60 to 75KLPD. Fermentation Modifi.Work in Grain Based Distillery. Powerpac Travelling Grate Furance Boilders. 2000 KW/ 415V Bleed-cum-Back Pressure Turbine. Green House Gases Abatement Project under CDM. Brand Development for Marketing of IMFL Brands. Acquisition of Canteen Stores Dept. Reg.IMFL Brand. IMFL Bottling Section. IMFL Bottling Section. Miscellaneous Civil Structures.

    Globus Spirits Ltd Contact Details

    Globus Spirits Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - corpoffice@globusgroup.in; santosh@globusgroup.in

    Website - www.globusspirits.com