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

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IPO Synopsis
Coral Hub Ltd
Registered Office: Kingsley Chambers Block No 26, Ramasamy Street T Nagar, Chennai - 600017, Tamil Nadu
Phone: 1
Email: 1
Website: 1
Public Issue of 27,90,000 Equity Shares of Rs.10/- Each ("Equity Shares") of Vishal Information Technologies Limited (the "Company" or the "Issuer") for Cash at a Price of Rs.150/- per Equity Share (including Share Premium of Rs.140/- per Equity Share),aggregating to Rs.41.85 Crores Consisting of a Fresh Issue of 17,90,000 Equity Shares ("Fresh Issue") and an Offer for Sale of 10,00,000 Equity Shares by Mr.Rohit Mehta, M/s.Balaji Universal Tradelink Pvt Ltd., M/s.The Metal Rolling Works Ltd., Ms.Anju Saraf, Ms.Jyoti Doshi and Mr.Bharat Doshi (the "Selling Shareholders"). The Issue Will Constitute 26.12% of the Fully Diluted Equity Share Capital of our Company. Issue Price is Rs.150/- per Equity Share of Face Value Rs.10/- each The Issue Price is 15 Times of the Face Value
Issue Money Payable On
Opens On Closes On Application Allotment
21-Jul-2008 24-Jul-2008 150.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 32.07
Project Financed through Current Offer 41.85
Post Issue Equity Share Capital 10.68
Issue Price 150.00
Projects
Facilities Expansion
Setting up of Quality Assurance Center& Mkt.Office
Setting up a Subsidiaries in UK & USA
General Corporate Purposes
Promoted By
Tutis Technologies Ltd
BSE
NSE
Registrar to the Issue
Attention Investor
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