Cadsys (India) Ltd - IPO

Cadsys (India) Ltd IPO Details

Public issue of 21,00,000 equity shares of face value of Rs.10.00 each of Cadsys (India) Limited (`CIL' company or the issuer) for cash at a price of Rs. 70/- per equity share (issue price) including share premium of Rs. 60/- per equity share aggregating to Rs. 14.70 Crores (the issue), of which 1,08,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 70/- per equity share, aggregating to Rs. 0.76 Crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 19,92,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 70/- per equity share aggregating to Rs 13.94 Crores (is hereinafter referred to as the net issue). The issue and the net issue will constitute 27.99 % and 26.55%, respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price of Rs.70 is 7.00 times of the face value.

Objective of issue

Part repayment/prepayment of the long term borrowing availed by the company. General corporate purposes.

Cadsys (India) Ltd Contact Details

Cadsys (India) Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@cadsystech.com

Website - www.cadsystech.com