Business Standard

Meghmani Organics Ltd(Merged) - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

102.00 cr

Price Range (₹)

19

Lot Size

350

Min Investment (₹)

6,650.00

Listing Exchange

MumbaiNSE

Open Date

04-Jun-2007

Close Date

07-Jun-2007

Listing Date

28-Jun-2007

Meghmani Organics Ltd(Merged) News

    The Shares of Meghmani Organics Ltd(Merged) have now been listed.

    Meghmani Organics Ltd(Merged) IPO Details

    Public issue of 5,36,84,211 equity shares of Re. 1/- each at a price of Rs.19/- per equity share (including share premium of Rs.18/- per equity share) for cash aggregating Rs.102.00 Crores by Meghmani Organics Limited (hereinafter referred to as the issue). The issue will constitute 21.11% of the post issue paid-up capital of our company.Issue Price is Rs.19/- per equity share of Face Value Re.1/-eachThe issue price is 19 times of the face value

    Objective of issue

    Setting up of a new High Performance Pigment Plant. To Set up Multipurpose Agro Chemicals plant. To Finance 3MW Captive Power Plant of SubsidiaryCo. Inorganic Growth/Diversification Opportunities. Financing Working Capital Needs.

    Meghmani Organics Ltd(Merged) Contact Details

    Meghmani Organics Ltd(Merged), C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - helpdesk@meghmani.com

    Website - www.meghmani.com