Kernex Microsystems (India) Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 99.01 cr

Price Range (₹)

₹ 250

Lot Size

Min Investment (₹)

₹ 6,250.00

Listing Exchange

MumbaiNSE

Open Date

28-Nov-2005

Close Date

03-Dec-2005

Listing Date

20-Dec-2005

Latest IPO News

The Shares of Kernex Microsystems (India) Ltd have now been listed.

Kernex Microsystems (India) Ltd IPO Details

Public Issue of 39,60,444 Equity Shares of Rs. 10 each for cash at a price of Rs. 250 per Equity Share aggregating to Rs. 99.01 crores (the Issue). The Issue would constitute 34.85 % of the fully diluted post issue paid up Equity Capital of the company.Issue Price is Rs. 250 per Equity Share of the face value of Rs. 10 each. The Issue Price is 25 times of the face value.

Objective of issue

Infrast for mfg 10000ACD,1000ADD for Sky BusMMT pa. Infrast for mfg 500 Advd Railway Signal System p.a. Estab Intel Transp Tech Centre for simulation&test. Estab Mkt Headqtr and 4 Internat marketing offices.

Kernex Microsystems (India) Ltd Contact Details

Kernex Microsystems (India) Ltd, 46,Avenue 4, Street No 1, Banjara Hills, Hyderabad - 500034

Phone - 91-040-23431546/49

Fax - 91-40-23431551

Email - acs@kernex.in

Website - www.kernex.in