Kaushalya Infrastructure Development Corpn Ltd - IPO

Kaushalya Infrastructure Development Corpn Ltd IPO Details

Public issue of 85,00,000 equity shares of the face value of Rs. 10/- each for cash at a price of Rs.60/-per equity share (including share premium of Rs.50/- per equity share) aggregating Rs.51.00 Crores, (hereinafter referred to as the issue). The issue comprises a reservation for eligible employees of upto 4,75,000 equity shares of Rs.10 each (the employee reservation portion) and the net issue to the public of 80,25,000 equity shares of rs.10/- each. (the net issue) the issue would constitute 43.35% of the fully diluted post issue paid-up capital of the company. The net issue to the public would constitute 40.93% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.60/- per equity share of face value of Rs.10/- eachThe issue price is 6 times of the face value

Objective of issue

To Purchase Cap. Equipments for Constrn. & Infras.. Investment in BOT/BOOT Projects. To Meet the Long Term Working Capital requirements. To Meet General Corporate Expenses. Acquisition of Land & Development Rights.

Kaushalya Infrastructure Development Corpn Ltd Contact Details

Kaushalya Infrastructure Development Corpn Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - info@kaushalya.net

Website - www.kaushalya.net