IPO Synopsis

Pradip Overseas Ltd
Registered Office: PlotNo 104/105/106 Chancharwad,Vasna Sarkhej Bavia Highway,Ahmedabad-382213, Gujarat
Tel. No: 91(2717)-251859/60/61
Fax No: 91(2717)-251874
Email: exim@pradipoverseas.com/pol.office@gmail.com
Website: www.pradipoverseas.com
Public issue of 1,06,00,000 equity shares of Rs.10/- each at a price of Rs. 110/- per equity share for cash aggregating Rs. 116.60 crores (the "issue"), by Pradip Overseas Limited (the "company" or the "issuer"). The issue comprises 5,00,000 equity shares of Rs.10/- each reserved for subscription by eligible employees and a net issue to the public of 1,01,00,000 equity shares of Rs.10/- each. The issue will constitute 26.26 % of the fully diluted post issue paid-up capital of the compay. The net issue to public will constitute 25.02 % of the fully diluted post issue paid-up capital of our company. Issue Price : Rs. 110/- per equity share of face value of Rs.10/- each The issue price is 11 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
11-Mar-2010 15-Mar-2010 ₹110.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 60 Further Multiples of :60
(₹ Cr) Lead Managers to the Issue
Project Cost 206.12 Anand Rathi Advisors Ltd
Project Financed through Current Offer 116.60
Post Issue Equity Share Capital 40.37
Issue Price 110.00
Projects
To Part Fin.the Setting up Prop. Manuf. Facility
To Part Fin. Margin Money requirement Working Capi
Promoted By
Pradipkumar Karia
Chetan Karia
Vishal Karia
Listing At
BSE
NSE
Registrar To The Issue