IPO Synopsis

Kridhan Infra Ltd
Registered Office: A/13 Cross Road No 5 Marol,Kondivita Road MIDC Andheri(E),Mumbai-400093, Maharashtra
Tel. No: 91-22-40589589
Fax No: 91-22-40589599
Email: cs@kridhan.com; info@kridhan.com
Website: www.kridhan.com
Public issue of 3217153 equity shares of Rs. 10/- each at a price of Rs. 108 per equity share (including a premium of Rs. 98 per equity share) for cash aggregating upto Rs. 34.75 crores (The "Issue"), by Readymade Steel India Limited (The "Company" or The "Issuer"). The issue will constitute 27.45% of the fully diluted post issue paid-up capital of the company. Issue Price Rs 108/ per Equity Share of Face Value of Rs 10/ each The issue price is 10.8 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
27-Jun-2011 29-Jun-2011 ₹108.00 - 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 62.52 Arihant Capital Markets Ltd
Project Financed through Current Offer 34.75
Post Issue Equity Share Capital 11.72
Issue Price 108.00
Projects
To part finance the cost of enhancing the capacity
To meet the pre-operative expenses
To meet margin money req. of working capital
To meet general corporate purposes
Promoted By
Anil Agrawal
Listing At
BSE
Registrar To The Issue