Kaveri Seed Company Ltd - IPO

Kaveri Seed Company Ltd IPO Details

Public issue of 40,00,000 equity shares of Rs. 10 each for cash at a price of Rs.170/- per equity share (including a share premium of Rs.160/- per equity share) for cash aggregating to Rs.68.00 Crores (the issue) out of which 2,00,000 equity shares have been reserved for eligible employees of our company (employee reservation portion). The net issue to the public shall be 38,00,000 equity shares of Rs.10 each for cash at a price of Rs.170/- per equity share (including a share premium of Rs.160/- per equity share) for cash aggregating to Rs.64.60 Crores (the net issue). The issue will constitute 29.20 % of the fully diluted post issue paid-up capital of our company and the net issue will constitute 27.74 % of the fully diluted post issue paid-up capital of our company.Issue Price is Rs.170/- per equity share of face value of Rs.10/-eachThe issue price is 17 times of the face value

Objective of issue

Acquis. of Land for R&D Nr. Hyderabad,Alwar&Ahmeda. Setting up of Marketing Offices & Godowns. Setting up of Cron Cob Drying Plants. Setting up of a biotechnology Lab. Upgradation of existing Seed Processing Plants. Setting up of a Seed Processing Plant. Meeting Working Capital requirements.

Kaveri Seed Company Ltd Contact Details

Kaveri Seed Company Ltd, E-2/3 Saki Vihar Rd, Ansa Indl Estate, Saki Naka Andheri-E, Mumbai - 400 072

Phone - 91-22-40430200

Fax - 91-22-28475207

Email - cs.kaveri@gmail.com, info@kaveriseeds.in

Website - www.kaveriseeds.in