| Barak Valley Cements Ltd |
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| Registered Office: Debendra Nagar Jhoom Basti,P O Badarpur Ghat,Karimganj-788803, Assam |
| Tel. No: |
| Fax No: |
| Email: bvclghy1@gmail.com |
| Website: www.barakcement.com |
| Public issue of 56,60,000 equity shares of Rs. 10/- each for cash at a price of Rs.42/- per equity share, including share premium of Rs.32/- per equity share aggregating Rs.23.77 Crores by Barak Valley Cements Limited ('BVCL' or 'the company' or 'the issuer'). The issue comprises of reservation of 1,13,000 equity shares aggregating Rs.0.47 Crores for permanent employees (employees reservation portion) on a competitive basis and the "net issue to the public" of 55,47,000 equity shares aggregating Rs.23.30 Crores. The net issue to the public would constitute 25.03% of the fully diluted post issue paid up capital of the company. Issue Price is Rs.42/- Per Equity Share of Face Value of Rs. 10 Each The Issue Price is 4.2 times of the Face Value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 29-Oct-2007 | 01-Nov-2007 | ₹42.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 150 | Further Multiples of :150 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 63.71 | Karvy Investor Services Ltd |
| Project Financed through Current Offer | 23.77 | UTI Securities Ltd |
| Post Issue Equity Share Capital | 22.16 | |
| Issue Price | 42.00 |
| Projects |
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| To Expand clinkerisation Capacity 420 to 600 TPD |
| To Expand Cement Grinding Capacity 460 to 750 TPD |
| To Meet Working Capital requirement |
| General Corporate Purposes |
| Investment in Sub. Com. Biomass based Power Proj. |
| Promoted By |
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| Prahlad Rai Chamaria |
| Bijay Kumar Garodia |
| Santosh Kumar Bajaj |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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