Birla Cotsyn India Ltd - IPO

Birla Cotsyn India Ltd IPO Details

Initial public offering of 10,29,82,729 equity shares of Rs.10/- each for cash at a price of Rs.14/- per equity share aggregating to Rs.144.18 Crores (hereinafter referred to as the issue). The issue comprises promoters contribution of 2,61,75,587 equity shares of Rs.10/- each for cash at a price of Rs.14/- per equity share aggregating to Rs.36.65 Crores (hereinafter referred to as promoters contribution) and employee reservation of 51,78,571 equity shares of Rs.10/- each for cash on competitive basis at a price of Rs.14/- per equity share aggregating Rs.7.25 Crores (hereinafter referred to as the employee reservation portion). The issue less the promoters contribution and employee reservation portion is referred to as net issue to public (hereinafter referred to as the net issue or net issue to the public).The net issue would constitute 61.43% the fully diluted post issue paid-up capital of our company.Issue Price is Rs.14/- per equity share of face value Rs.10/- each;The issue price is 1.4 times of the face value

Objective of issue

Expansion of integrated Textile Project. To Set up a Garment Manufacturing Plant. To Establish Retail Outlets.

Birla Cotsyn India Ltd Contact Details

Birla Cotsyn India Ltd, 19/20 Jaferbhoy Ind, 1st Floor Makwana Rd, Marol Naka, Mumbai - 400 059

Phone - 91-022-28594060

Fax - 91-022-28503748

Email - complianceofficer@birlacotsyn.com

Website - www.birlacotsyn.com