| Gangotri Textiles Ltd |
|---|
| Registered Office: 25-A Venkatachalam CoOP Colony, R S Puram, Coimbatore - 641002, Tamil Nadu |
| Phone: 91-0422-4332100 |
| Email: tibre@gangotritextiles.com |
| Website: www.gangotritextiles.com |
| Public issue of 1,34,14,634 equity shares of Rs. 5/- each for cash at a price of Rs. 41 (including premium of Rs. 36) per share aggregating Rs. 55.00 crores (hereinafter referred to as "The Issue"). The issue comprises a net offer to the public of 1,16,70,732 equity shares of Rs. 5/- each aggregating to Rs. 47.85 crores ("Net Offer") and a reservation for employees of Gangotri Textiles Limited of upto 4,02,439 equity shares of Rs. 5/- each aggregating to Rs. 1.65 crores and a reservation of upto 13,41,463 equity shares of Rs. 5/- each for the existing retail shareholders of the company aggregating to Rs. 5.50 crores. The issue would constitute 41.13% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 41 per equity share of Rs. 5/- each The issue price is 8.20 times the face value of Rs. 5/- per share. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 18-May-2006 | 23-May-2006 | ₹ 41.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 125.0 Further Multiples of : 125.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 351.00 | Keynote Corporate Services Ltd |
| Project Financed through Current Offer | 55.00 | |
| Post Issue Equity Share Capital | 16.31 | |
| Issue Price | ₹41.00 | |
| Projects |
|---|
| Spinning I- A ring spinning unit of 19200 spindles |
| Spinning II-A ring spinning unit of 31200 spindles |
| Weaving & processing plant cap. of 51000 mtrs/day |
| Modern Garment unit with a cap. of 3000 pieces/day |
| Installation of 6 wind energy generators of 1.65MW |
| Promoted By |
|---|
| Manoj Kumar Tibrewal |
| Mohanlal Tibrewal |
| Listing At |
|---|
| BSE |
| NSE |
| Chennai |
| Coimbatore |
| Kolkata |
| Registrar to the Issue |
|---|
