IPO Synopsis

Magnum Ventures Ltd
Registered Office: 685 Chitla Gate,Chawri Bazar,Delhi-110006, Delhi
Tel. No: 91-11-23264503/23261179
Fax No:
Email: magnumventures@gmail.com
Website: www.magnumventures.in
Public issue of 1,76,40,750 equity shares of Rs.10/- each for cash at a price of Rs.30/- (including share premium of Rs.20/- per equity share) aggregating to Rs.52.92 Crores (hereinafter referred to as the "issue"). The issue will constitute 46.92% of the post-issue paid-up capital of the company. Issue Price is Rs.30/- per equity share of face value of Rs. 10/- each. The issue price is 3.0 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
27-Aug-2007 30-Aug-2007 ₹30.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 200 Further Multiples of :200
(₹ Cr) Lead Managers to the Issue
Project Cost 152.63 SREI Capital Markets Ltd
Project Financed through Current Offer 52.92
Post Issue Equity Share Capital 37.60
Issue Price 30.00
Projects
To Modernize its Facilities of Unit II & Unit II
Set-up a Four Star Business Hotel with 212 Rooms
General Corporate Purposes
Promoted By
Praveen Kumar Jain
Pradeep Kumar Jain
Parmod Kumar Jain
Listing At
BSE
NSE
Registrar To The Issue