Business Standard

PG Electroplast Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

120.65 cr

Price Range (₹)

210

Lot Size

30

Min Investment (₹)

6,300.00

Listing Exchange

MumbaiNSE

Open Date

07-Sept-2011

Close Date

12-Sept-2011

Listing Date

26-Sept-2011

PG Electroplast Ltd News

    The Shares of PG Electroplast Ltd have now been listed.

    PG Electroplast Ltd IPO Details

    Public issue of 57,45,000 equity shares of Rs. 10/- each for cash at a price of Rs. 210 per equity share, aggregating Rs. 120.65 crores (The Issue). The issue would constitute 35% of the fully diluted post issue paid-up capital of the company.Issue price: Rs. 210 per equity share of face value of Rs. 10/- eachThe issue price is 21 times of the face value.

    Objective of issue

    Prepayment of the portion of term loan. Expansion of manufacturing facility at Unit III. Expansion of manufacturing facility at Unit IV. Meeting long term working capital requirements.. General corporate purposes.

    PG Electroplast Ltd Contact Details

    PG Electroplast Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

    Phone - 91-040-44655185/44655000

    Fax - 91-040-23420814/23420857

    Email - investors@pgel.in; krishna@pgel.in; info@pgel.in

    Website - www.pgel.in