| Intial public offer of 9,96,000 equity shares of face vale of Rs. 10/-
each ("Equity Shares") of DMR Hydroengineering & Infrastructures Ltd ("DMR"
or the "Company" or the "Issuer") for cash at a price Rs. 21/- per equity share including a share premium of Rs. 11/- per equity share (The "Offer Price") aggregating to Rs. 2.09 crores ("The Offer") comprising of a fresh issue of 7,98,000 equity shares aggregating to Rs. 1.67 crores (The "Fresh Issue") and an offer for sale of 1,98,000 equity shares by Subhash Chander Mittal (The Selling Shareholders) (Offer for Sale") aggregating to Rs. 0.42 crores. This offer includes a reservation of 54,000 equity shares at a price of Rs. 21/- per equity shares including a share premium of Rs. 11/- per equity share aggregating to Rs. 0.11 crores will be reserved for subscription by market maker to the offer (The "Market Maker Reservation Portion").
The offer less the market maker reservation portion i.e. net offer of 9,42,000 equity shares of face value of Rs. 10/- each at a price of Rs. 21/- per equity share including a share premium of Rs. 11/- per equity share aggregating to Rs. 1.98 crores (The "Net Offer"). The offer and the net offer will consitute 26.73% and 25.28% respectively of the post offer paid up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each and the offer price is 2.10 times of the face value.
Bids cans be made for a minimum of 6000 equity and in multiple of 6000 shares thereafter. |