Business Standard

Insecticides India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

36.92 cr

Price Range (₹)

115

Lot Size

60

Min Investment (₹)

6,900.00

Listing Exchange

MumbaiNSE

Open Date

07-May-2007

Close Date

11-May-2007

Listing Date

30-May-2007

Latest IPO News

    The Shares of Insecticides India Ltd have now been listed.

    Insecticides India Ltd IPO Details

    Public issue of 32,10,000 equity shares of Rs.10/- each for cash at a price of Rs.115/- per equity share, including share premium of Rs.105/- per equity share aggregating Rs.36.92 Crores by Insecticides (India) Limited ( 'the company' or 'the issuer'). The issue comprises of reservation of 32,100 equity shares aggregating Rs.0.37 Crores for permanent employees (employees reservation portion) on a competitive basis and the net issue to the public of 31,77,900 equity shares aggregating Rs.36.54 Crores. The net issue to the public would constitute 25.06% of the fully diluted post issue paid up capital of the company.Issue Price is Rs.115/- per equity share of face value of Rs.10/- each.The issue price is 11.5 times of the face value

    Objective of issue

    To Set up a formulation Plant. To Set up a Plant for Manufacturing technicals. To Set up a Research & Deelopment Facility. General Corporate Purpose.

    Insecticides India Ltd Contact Details

    Insecticides India Ltd, 2E/21 Alankit House, Anarkali Market, Jhandewalan Extn, New Delhi - 110055

    Phone - 91-11-42541234/23541234

    Fax - 91-11-41540064

    Email - investor@insecticidesindia.com

    Website - www.insecticidesindia.com