Business Standard

Kiri Industries Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

56.25 cr

Price Range (₹)

150

Lot Size

45

Min Investment (₹)

6,750.00

Listing Exchange

MumbaiNSE

Open Date

25-Mar-2008

Close Date

02-Apr-2008

Listing Date

22-Apr-2008

Kiri Industries Ltd News

    The Shares of Kiri Industries Ltd have now been listed.

    Kiri Industries Ltd IPO Details

    Public issue of 37,50,000 equity shares of Rs. 10/- each for cash at and issue price of Rs.150/- per equity share (including premium of Rs.140/- per equity share) aggregating to Rs.56.25 Crores (hereinafter referred to as the issue). The issue would constitute 25% of fully diluted post issue paid up capital of the company.Issue Price is Rs.150/- per equity share of face value Rs. 10/- each. The issue price is 15 times of the face value

    Objective of issue

    Capital Exp. toward backward integration Project. Capital Exp for Dyes and Intermediates Unit. Incremental Working Capital Margin.

    Kiri Industries Ltd Contact Details

    Kiri Industries Ltd, Subramanian Building, 1 Club House Road, , Chennai - 600 002

    Phone - 91-44-8528390 (5 lines)

    Fax - 91-44-8520129

    Email - investor@kiriindustries.com

    Website - www.kiriindustries.com