| MIC Electronics Ltd |
|---|
| Registered Office: Plot No 192/B Phase-II,IDA Cherlapally,Hyderabad-500051, Telangana |
| Tel. No: NA |
| Fax No: NA |
| Email: cs@mic.co.in |
| Website: www.mic.co.in |
| Public issue of 51,00,000 equity shares of Rs. 10 each for cash at a price of Rs.150/- per equity share aggregating to Rs.76.50 crores, ("issue") comprising a fresh issue of 51,00,000 equity shares of Rs.10 each by MIC Electronics Limited ("company" or "issuer"). The issue would constitute 25.34 % of our fully diluted post issue paid-up equity capital. Issue Price is Rs.150/- per equity share of face value Rs.10/- The Issue price is 15 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 30-Apr-2007 | 08-May-2007 | ₹150.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 45 | Further Multiples of : 45 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Edelweiss Capital Ltd |
| Project Financed through Current Offer | 76.50 | |
| Post Issue Equity Share Capital | 20.13 | |
| Issue Price | 150.00 |
| Projects |
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| Setting-up Addl.Facility for Manuf. of LED Boards |
| LED Video display sys. to be used for rental/Leasi |
| Products Up-gradation/Development |
| Design & Development of 3D Stereoscopic Displays |
| Market Development - Domestic & Overseas |
| Acquisition of Infostep Inc, USA |
| Augment working Capital requirements |
| Promoted By |
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| Maganti Venkata Ramana Rao |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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