| Usher Agro Ltd |
|---|
| Registered Office: 422 Laxmi Plaza Laxmi Indl Est,New Link Road Andheri(W),Mumbai-400053, Maharashtra |
| Tel. No: 91-22-39381100 |
| Fax No: 91-22-39381123 |
| Email: cs.mumbai@usheragro.com |
| Website: www.usheragro.com |
| Public issue of 1,20,12,000 Equity Shares of face value Rs.10/- each of Usher Agro Limited (hereinafter referred to as the "company" or "issuer") at a premium of Rs.5/- per share (i.e. at a price of Rs.15/- per share) for cash aggregating to Rs.18.02 Crores (hereinafter referred to as the "issue") comprising of promoters contribution of 32,00,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.4.80 Crores (hereinafter referred to as the "promoters' contribution"). The net offer to the public is of 88,12,000 Equity Shares of Rs.10/- each at a price of Rs.15/- for cash aggregating to Rs.13.22 Crores (hereinafter referred to as the "net issue"). The Issue would constitute 66.69% of post issue paid up capital of our Company. The issue price of Rs.15/- per Equity Share is 1.5 times the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 05-Sep-2006 | 11-Sep-2006 | ₹15.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 400 | Further Multiples of :400 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 25.02 | IDBI Capital Market Services Ltd |
| Project Financed through Current Offer | 18.02 | |
| Post Issue Equity Share Capital | 18.01 | |
| Issue Price | 15.00 |
| Projects |
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| To Part Fin.WheatRoller Flour Mill Proj.at Mathura |
| Modernisation of Rice Milling Plant at Mathura |
| Co-Generation Power Project at Mathura |
| Fund Wor.Cap.Requirement of WheatRoller Flour Mill |
| Meet LongTerm Wor.Cap.requirement of ExistingPlant |
| Promoted By |
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| Vinod Kumar Chaturvedi |
| Manoj Chaturvedi |
| Listing At |
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| BSE |
| Registrar To The Issue |
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