J K Cements Ltd - IPO

J K Cements Ltd IPO Details

Public issue of 20,000,000 equity shares of Rs.10 each for cash at a price of Rs.148 per equity share aggregating Rs.296 crores (Hereinafter reffered to as the Issue) by J.K. Cement Limited (J.K. Cement, The Company orThe Issuer). 200,000 equity shares shall be reserved in the issue for subscription by employees (As defined herein) at the issue price (The Employee Reservation Portion) and 1,800,000 equity shares shall be reserved in the issue for subscription by existing shareholders (As defined herein) at the issue price (The Existing shareholders reservation portion, and the issue of equity shares other than the employee reservation portionand the existing shareholders reservation portion, the Net Issue). The issue shall constitute 28.60% of the fully diluted post-issue capital of our company. Issue price is 14.8 times the face value

Objective of issue

Install. waste heat recovery power plant of 13.2MW. Install. of 20MW petcoke based captive power plant. Replacement of an existing turbine with a new 10MW. Increase grinding &Prod. cap. of Grey cament Plant. Increase the prod. capacity at white cement plant.

J K Cements Ltd Contact Details

J K Cements Ltd, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

Phone - 91-22-28372385

Fax - 91-22-28201783

Email - shambhu.singh@jkcement.com

Website - www.jkcement.com