Engineers India Ltd - IPO

Engineers India Ltd IPO Details

Further public offer of 33,693,660 equity shares of Rs. 5 each (equity shares) of Engineers India Limited (EIL or The Company) through an offer for sale by The President of India, acting through the ministry of petroleum and natural gas, Government of India (The selling shareholder) for cash at a price of Rs. 150~ per equity share aggregating up to Rs. 498.13 crores (The offer). The offer comprises a net offer to public of 33,193,660 equity shares (The net offer) and a reservation of 500,000 equity shares for subscription by eligible employees (the employee reservation portion). The offer shall constitute 10% of the post offer paid-up equity share capital of the company and the net offer shall constitute 9.85 % of the post offer paid-up equity share capital of the company.The face value of the equity shares is Rs. 5 each.Offer Price : Rs. 150 per equity share.The offer price is 30.00 times of the face value.~Discount of Rs. 6 to the offer price is being offered to the Retail Individual Bidders (Retail Discount) and Eligible Employees (Employee Discount) respectively.

Objective of issue

Listing Fees on Stock Exchanges.

Engineers India Ltd Contact Details

Engineers India Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - eil.mktg@eil.co.in

Website - www.engineersindia.com