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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Solar Industries India Ltd
Registered Office: Solar House 14 Kachimet, Amravati Road, Nagpur - 440023, Maharashtra
Phone: 1
Email: 1
Website: 1
Public Issue of 44,00,000 equity shares of Rs. 10/- each for cash at a price of Rs.190 per equity share aggregating to Rs.83.60 crores (hereinafter referred to as "the Issue") by Solar Explosives Limited ("the Company" or "the Issuer"). The face value of the equity shares is Rs. 10 each. The issue includes a reservation of 60,000 equity shares for subscription by eligible employees of the company. The net issue to the public shall be 43,40,000 equity shares. The net issue would constitute 25.05% of the fully diluted post issue paid-up capital of the Company. Issue price is Rs.190 per Equity Share of Face Value Rs.10/- each Issue price 19 times of the face value
Issue Money Payable On
Opens On Closes On Application Allotment
09-Mar-2006 13-Mar-2006 190.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 76.38
Project Financed through Current Offer 83.60
Post Issue Equity Share Capital 17.32
Issue Price 190.00
Projects
Expansion proj. for manu. Bulk Explosives in India
Expansion proj. for manu. Bulk Expls. etc Overseas
To meet the margin requirement for working capital
Promoted By
Satyanarayan Nandlal Nuwal
Kailashchandra Nandlal Nuwal
Nandlal Nuwal
BSE
NSE
Registrar to the Issue
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