IPO Synopsis

Niraj Cement Structurals Ltd
Registered Office: Niraj House Sunder Baug,Near Deonar Bus Depot Chembur,Mumbai-400088, Maharashtra
Tel. No: 91-22-25513541/2266027100
Fax No: 91-22-25518736
Email: info@niraj.co.in
Website: www.niraj.co.in
Public issue of 32,50,000 equity shares of Rs.10/- each for cash at a price of Rs.190/- per equity share(Including a Premium of Rs.180/- per Equity Share) aggregating Rs.61.75 Crores (hereinafter referred to as "the issue") by Niraj Cement Structurals Limited (hereinafter referred to as "NCSL" or the "company" or the "issuer"). The issue comprises a reservation for eligible employees of 3,25,000 equity shares of Rs.10/- each, for cash at a issue price of Rs.190/- per Equity Share (Including a Premium of Rs.180/- per equity share) and net issue to the public of 29,25,000 equity shares of Rs.10/- each (hereinafter referred to as the "net issue"). The issue would constitute 31.42% of the total post issue paid-up equity capital of the company. Issue Price is Rs.190/-per equity share of Rs.10/- each The issue price is 19 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
26-May-2008 30-May-2008 ₹190.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 30 Further Multiples of :30
(₹ Cr) Lead Managers to the Issue
Project Cost 61.75 Allbank Finance Ltd
Project Financed through Current Offer 61.75
Post Issue Equity Share Capital 10.34
Issue Price 190.00
Projects
Investment in Capital Equipment
Funding Long Term working Capital requirements
General Corporate Purposes
Promoted By
Vijay Kumar Chopra
Gulshan Vijay Kumar Chopra
Listing At
BSE
Registrar To The Issue