Shah Metacorp Ltd - IPO

Shah Metacorp Ltd IPO Details

Public Issue of 77,00,000 equity shares of Rs. 10 each for cash at a price of Rs. 71 per equity share (including a share premium of Rs. 61 per equity share) aggregating Rs. 54.67 crores by Gyscoal Alloys Limited ('Company' or 'Issuer' or 'GAL'). The Issue would constitute 48.65% of the fully diluted post issue paid up capital of the company.Issue price : Rs. 71 per fully paid up equity share of face value Rs. 10 each.The issue price is 7.1 times the face value

Objective of issue

To finance capital exp. for enhancing production. To meet the long term working capital requirements. To meet general corporate purpose.

Shah Metacorp Ltd Contact Details

Shah Metacorp Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@gyscoal.com

Website - www.gyscoal.com