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Meghmani Organics Ltd(Merged) - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 102

Price Range (₹)

₹ 19

Lot Size

350

Min Investment (₹)

₹ 6,650.00

Listing Exchange

MumbaiNSE

Open Date

04-Jun-2007

Close Date

07-Jun-2007

Listing Date

28-Jun-2007

Latest IPO News

Meghmani Organics Ltd(Merged) IPO Details

Public issue of 5,36,84,211 equity shares of Re. 1/- each at a price of Rs.19/- per equity share (including share premium of Rs.18/- per equity share) for cash aggregating Rs.102.00 Crores by Meghmani Organics Limited (hereinafter referred to as the issue). The issue will constitute 21.11% of the post issue paid-up capital of our company.Issue Price is Rs.19/- per equity share of Face Value Re.1/-eachThe issue price is 19 times of the face value

Objective of issue

Setting up of a new High Performance Pigment Plant. To Set up Multipurpose Agro Chemicals plant. To Finance 3MW Captive Power Plant of SubsidiaryCo. Inorganic Growth/Diversification Opportunities. Financing Working Capital Needs.

Meghmani Organics Ltd(Merged) Contact Details

Meghmani Organics Ltd(Merged), C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - helpdesk@meghmani.com

Website - www.meghmani.com