| Public issue of upto 33,81,000 equity shares of face value of Rs. 10.00 each of Sagar Diamonds Limited ("sagar" or the "company" or the "issuer") for cash at a price of Rs.45 per equity share including a share premium of Rs. 35 per equity share (the "issue price") aggregating to Rs. 15.21 Crores ("the issue"), of which 1,71,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 45 per equity share including a share premium of Rs. 35 per equity share aggregating to Rs. 0.77 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of 32,10,000 equity shares of face value of Rs. 10.00 each at a price of Rs. 45 per equity share aggregating to Rs. 14.44 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.74% and 25.39%, respectively of the post issue paid up equity share capital of the company.
Issue Price: Rs.45 per equity share. The face value of the equity share is Rs.10 each. The offer price is 4.5 times the face value. |