| Resurgere Mines & Minerals India Ltd |
|---|
| Registered Office: 15 Morvi House 28/30 Goa Stree, Ballard Estate, Mumbai - 400038, Maharashtra |
| Phone: 91-22-66582500 |
| Email: info@resurgere.in |
| Website: www.resurgere.in |
| Public issue of 44,50,000 equity shares of Rs.10/- each of Resurgere Mines & Minerals India Limited ("Resurgere" or "the issuer" or "our company") at a price of Rs.270/- per equity share (including a share premium of Rs.260/- per equity share) for cash aggregating Rs.120.15 Crores (hereinafter referred to as "this issue").This issue comprises of reservation of 250,000 equity shares aggregating Rs.6.75 Crores for eligible employees on a competitive basis and the net issue to the public of 42,00,000 equity shares aggregating Rs.113.40 Crores. The net issue would constitute 14.72% of the post issue paid-up capital of our company. Issue Price is Rs.270/- per equity share of face value Rs.10/- The issue price is 27 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 11-Aug-2008 | 13-Aug-2008 | ₹ 270.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 20.0 Further Multiples of : 20.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 291.21 | Ashika Capital Ltd |
| Project Financed through Current Offer | 120.15 | |
| Post Issue Equity Share Capital | 28.54 | |
| Issue Price | ₹270.00 | |
| Projects |
|---|
| Setting up own Extraction & Crushing Facil.at Mine |
| Purchase of 6 railway Rakes |
| Working Capital Margin |
| Provision ofr Contingencies & Pre-Operative Exp |
| General Corporate Purposes |
| Promoted By |
|---|
| Subhash A Sharma |
| Neelam S Sharma |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar to the Issue |
|---|