IPO Synopsis

SORIL Infra Resources Ltd(Merged)
Registered Office: Plot No 448-451 Udyog Vihar,Phase-V,Gurugram-122016, Haryana
Tel. No: 91-124-6681199
Fax No: 91-124-6681240
Email: investor@piramyd.co.in; helpdesk@indiabulls.com
Website: www.sorilinfraresources.com; www.piramyd.com; www.
Public Issue of 9,000,000 Equity Shares of Rs. 10 each for cash at a price of Rs 120 per Equity Share(including a premium of Rs. 110 per Equity Share) aggregating Rs. 108 crores by Piramyd Retail Limited. This includes Promoter contribution of 4,000,000 Equity Shares at a price of Rs. 120 aggregating Rs. 48 crores and the net offer to public comprises of 5,000,000 Equity Shares at a price of Rs. 120 aggregating to Rs. 60 crores. The net offer to public would constitute 25% of the fully diluted post issue paid up capital of the Issuer. The issue price is 12 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
10-Nov-2005 16-Nov-2005 ₹120.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 50 Further Multiples of :50
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 DSP Merrill Lynch Ltd
Project Financed through Current Offer 108.00 Edelweiss Capital Ltd
Post Issue Equity Share Capital 20.00 Enam Financial Consultants Pvt Ltd
Issue Price 120.00
Projects
Capital Expend.&Deposits for setting up new stores
Upgrad. of Information Technology Infrastructure
Repayment of Bridge Loan to Ashok Cutting Tool Ltd
Promoted By
Urvi A Piramal
Topwave Mercantile Co Pvt Ltd
Oneline Mercantile Co Pvt Ltd
Listing At
BSE
NSE
Registrar To The Issue