| Coral Hub Ltd |
|---|
| Registered Office: Kingsley Chambers Block No 26, Ramasamy Street T Nagar, Chennai - 600017, Tamil Nadu |
| Phone: 91-44-24362751-54 |
| Email: investors@coralhublimited.com |
| Website: www.coralhub.com |
| Public Issue of 27,90,000 Equity Shares of Rs.10/- Each ("Equity Shares") of Vishal Information Technologies Limited (the "Company" or the "Issuer") for Cash at a Price of Rs.150/- per Equity Share (including Share Premium of Rs.140/- per Equity Share),aggregating to Rs.41.85 Crores Consisting of a Fresh Issue of 17,90,000 Equity Shares ("Fresh Issue") and an Offer for Sale of 10,00,000 Equity Shares by Mr.Rohit Mehta, M/s.Balaji Universal Tradelink Pvt Ltd., M/s.The Metal Rolling Works Ltd., Ms.Anju Saraf, Ms.Jyoti Doshi and Mr.Bharat Doshi (the "Selling Shareholders"). The Issue Will Constitute 26.12% of the Fully Diluted Equity Share Capital of our Company. Issue Price is Rs.150/- per Equity Share of Face Value Rs.10/- each The Issue Price is 15 Times of the Face Value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 21-Jul-2008 | 24-Jul-2008 | ₹ 150.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 40.0 Further Multiples of : 40.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 32.07 | IDBI Capital Market Services Ltd |
| Project Financed through Current Offer | 41.85 | |
| Post Issue Equity Share Capital | 10.68 | |
| Issue Price | ₹150.00 | |
| Projects |
|---|
| Facilities Expansion |
| Setting up of Quality Assurance Center& Mkt.Office |
| Setting up a Subsidiaries in UK & USA |
| General Corporate Purposes |
| Promoted By |
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| Tutis Technologies Ltd |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
|---|
