IPO Synopsis

Resurgere Mines & Minerals India Ltd
Registered Office: 15 Morvi House 28/30 Goa Stree,Ballard Estate,Mumbai-400038, Maharashtra
Tel. No: 91-22-66582500
Fax No: 91-22-66582511
Email: info@resurgere.in
Website: www.resurgere.in
Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited ("Resurgere" or "the issuer" or "our company") at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as "this issue").This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company. Issue Price is Rs.270/- per equity share of face value Rs.10/- The issue price is 27 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
11-Aug-2008 13-Aug-2008 ₹270.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 20 Further Multiples of :20
(₹ Cr) Lead Managers to the Issue
Project Cost 291.21 Ashika Capital Ltd
Project Financed through Current Offer 120.15 Motilal Oswal Investment Advisors Pvt Ltd
Post Issue Equity Share Capital 28.54 PL Capital Markets Pvt Ltd
Issue Price 270.00
Projects
Setting up own Extraction & Crushing Facil.at Mine
Purchase of 6 railway Rakes
Working Capital Margin
Provision ofr Contingencies & Pre-Operative Exp
General Corporate Purposes
Promoted By
Subhash A Sharma
Neelam S Sharma
Listing At
BSE
NSE
Registrar To The Issue