IPO Synopsis

ABG Shipyard Ltd
Registered Office: Near Magdalla Port,Dumas Road,Surat-395007, Gujarat
Tel. No: 91-261-2725191
Fax No: 91-261-3048243
Email: shipyard@abgindia.com
Website: www.abgindia.com
Public Issue of up to 8,500,000 Equity Shares of Rs. 10 each for cash at a price of Rs. 185 per Equity Share aggregating to Rs. 157.25 crores by ABG Shipyard Ltd ("The company" or "Issuer"). The fresh Issue referred to herein as the "Issue" includes a reservation of 200,000 equity shares for subscription by employees of ABG Shipyard Ltd (The "Employee Reservation Portion) and net issue to the Public of 8,300,000 Equity Shares of the face value of Rs. 10 each at the price of Rs. 185 for cash aggregating Rs. 153.55 crores(herewith referred to as "Net Issue"). The net issue would constitute 16.30 % of the fully diluted post issue paid up capital of the company. The face value of the share is Rs. 10 and the issue price is 18.5 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
18-Nov-2005 26-Nov-2005 ₹185.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 35 Further Multiples of :35
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 ICICI Securities Ltd
Project Financed through Current Offer 157.25 IL&FS Investsmart Ltd
Post Issue Equity Share Capital 50.90
Issue Price 185.00
Projects
Setting up a New Shipyard
Incremental Working Capital Margin for business
Promoted By
ABG International Pvt Ltd
Rishi Agarwal
Saket Agarwal
Listing At
BSE
Registrar To The Issue