Gayatri Projects Ltd - IPO

Gayatri Projects Ltd IPO Details

Public issue of 29,00,000 equity shares of Rs.10 each for cash at a price of Rs.295 per equity share aggregating Rs.85.55 Crores, consisting of offer for sale of 19,00,000 equity shares by Videocon Appliances Limited & Videocon Industries Limited (together referred as the selling shareholders) and a Fresh issue of 10,00,000 equity shares by Gayatri Projects Limited (Gayatri or Company or Issuer). The offer for sale and the fresh issue are jointly referred to herein as the offer (the offer). 1,00,000 equity shares of Rs. 10 each for cash at a price of Rs.295 per equity share aggregating Rs.2.95 Crores will be reserved in the offer for subscription by eligible employees (the employee reservation portion), and the offer of equity shares other than the employee reservation portion, is the net offer. The offer shall constitute 29% of the fully diluted post offer paid-up capital of the company.Issue Price Rs.295 per equity share of face value of Rs. 10 eachThe issue price is 29.5 times the face value

Objective of issue

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Gayatri Projects Ltd Contact Details

Gayatri Projects Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - cs@gayatri.co.in, gplhyd@gayatri.co.in

Website - www.gayatri.co.in