Initial public issue of 73,50,000 equity shares of face value of Rs. 10/- each of Vishnusurya Projects and Infra Limited ("VPIL" or the "Company" or the "Issuer") for cash at a price of Rs. 68/- per equity share including a share premium of Rs. 58/- per equity share (the "Issue Price") aggregating upto Rs. 49.98 crores ("the Issue"), of which 3,70,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 68/- per equity share including a share premium of Rs. 58/- per equity share aggregating upto
Rs. 2.52 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 69,80,000 equity shares of face value of Rs. 10/- each at a price of Rs. 68/- per equity share including a share premium of Rs. 58/- per equity share aggregating upto Rs. 47.46 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 29.87% and 28.36%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.
The face value of the equity share is Rs. 10/- and the issue price is 6.8 times of the face value. |