Business Standard

J K Cements Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

296.00 cr

Price Range (₹)

148

Lot Size

40

Min Investment (₹)

5,920.00

Listing Exchange

MumbaiNSE

Open Date

21-Feb-2006

Close Date

24-Feb-2006

Listing Date

14-Mar-2006

J K Cements Ltd News

    The Shares of J K Cements Ltd have now been listed.

    J K Cements Ltd IPO Details

    Public issue of 20,000,000 equity shares of Rs.10 each for cash at a price of Rs.148 per equity share aggregating Rs.296 crores (Hereinafter reffered to as the Issue) by J.K. Cement Limited (J.K. Cement, The Company orThe Issuer). 200,000 equity shares shall be reserved in the issue for subscription by employees (As defined herein) at the issue price (The Employee Reservation Portion) and 1,800,000 equity shares shall be reserved in the issue for subscription by existing shareholders (As defined herein) at the issue price (The Existing shareholders reservation portion, and the issue of equity shares other than the employee reservation portionand the existing shareholders reservation portion, the Net Issue). The issue shall constitute 28.60% of the fully diluted post-issue capital of our company. Issue price is 14.8 times the face value

    Objective of issue

    Install. waste heat recovery power plant of 13.2MW. Install. of 20MW petcoke based captive power plant. Replacement of an existing turbine with a new 10MW. Increase grinding &Prod. cap. of Grey cament Plant. Increase the prod. capacity at white cement plant.

    J K Cements Ltd Contact Details

    J K Cements Ltd, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

    Phone - 91-22-28372385

    Fax - 91-22-28201783

    Email - shambhu.singh@jkcement.com

    Website - www.jkcement.com