| MIC Electronics Ltd |
|---|
| Registered Office: Plot No 192/B Phase-II, IDA Cherlapally, Hyderabad - 500051, Telangana |
| Phone: |
| Email: cs@mic.co.in |
| Website: www.mic.co.in |
| Public issue of 51,00,000 equity shares of Rs. 10 each for cash at a price of Rs.150/- per equity share aggregating to Rs.76.50 crores, ("issue") comprising a fresh issue of 51,00,000 equity shares of Rs.10 each by MIC Electronics Limited ("company" or "issuer"). The issue would constitute 25.34 % of our fully diluted post issue paid-up equity capital. Issue Price is Rs.150/- per equity share of face value Rs.10/- The Issue price is 15 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 30-Apr-2007 | 08-May-2007 | ₹ 150.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 45.0 Further Multiples of : 45.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 0.00 | Edelweiss Capital Ltd |
| Project Financed through Current Offer | 76.50 | |
| Post Issue Equity Share Capital | 20.13 | |
| Issue Price | ₹150.00 | |
| Projects |
|---|
| Setting-up Addl.Facility for Manuf. of LED Boards |
| LED Video display sys. to be used for rental/Leasi |
| Products Up-gradation/Development |
| Design & Development of 3D Stereoscopic Displays |
| Market Development - Domestic & Overseas |
| Acquisition of Infostep Inc, USA |
| Augment working Capital requirements |
| Promoted By |
|---|
| Maganti Venkata Ramana Rao |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar to the Issue |
|---|
