| |
IPO
As per the process of Organic Growth, Malu Paper Mills Ltd is going in for an Expansion for a state-of-the-art 150 TPD Deinking Technology Paper Mill with a 6 MW Captive Co-Generation Plant to add up to the existing capacity for manufacturing premium Newsprint grades. The said project is of a total investment of Rs. 70 Crores.
To part finance, the Capital is being raised from Primary Markets apart form term loans from a consortium of Banks.
A brief snapshot of the issue is as below:-
Publice Issue of 66,67,000 Shares of Rs. 10/- each for Cash at a Premium of Rs. 20/- per share (at a price of Rs. 30/- per share) aggregating Rs. 20 Crores.
Equity Shares offered: |
|
Present Issue |
83,34,000 Equity Shares |
Of which: |
|
Participation by Promoters and others before the issue |
16, 67,000 Equity Shares |
Offer through this Prospectus |
|
Out of which |
|
Reserved for NRIs/FIIs on proportionate basis |
5,00,000 Equity Shares |
Reserved for Indian Mutual Funds, Indian & Multilateral Development Financial Institutions, and Scheduled Banks on proportionate basis. |
5,00,000 Equity Shares |
|
|
Net Offer to the Public |
56,67,000 Equity Shares |
Retail portion (minimum 50% of net offer to public) |
At least 28,33,500 Equity Shares
(allotment on a proportionate basis)
|
Non-Retail Portion (maximum 50% of net offer to public) |
Not more than 28,33,500 Equity Shares
(allotment on a proportionate basis)
|
Under subscription if any in the reservation category shall be added back to the net offer to the public portion. Under-subscription, if any, in the Non- institutional portion and Retail Portion shall be allowed to be met with spillover from the other categories, at the sole discretion of the Company and Lead Manager. |
Equity Shares outstanding prior to the Issue |
87,25,250 Equity Shares |
Equity Shares outstanding after the Issue |
170,59,250 Equity Shares |
Use of proceeds |
The net proceeds of the issue will be used by the Company for part-financing the proposed Project. |
Lead Manager to the Issue |
MICROSEC CAPITAL LTD
SEBI Regn.No INM 000010791
Azimganj House, 2 nd Floor
7, Camac Street,
Kolkata 700 017
Ph: 91-33-2282 9330
Fax: 91-33-2282 9335
E-Mail: maluipo@microsec.co.in
Website: www.microsec.co.in
|
Registrar to the Issue |
INTIME SPECTRUM REGISTRY LTD
C-13, Pannalal Silk Mills Compound,
L B S Marg, Bhandup (West)
Mumbai 400 078
Tel: +91-22-5555 5454
Fax: +91-22-5555 5353
Website: www.intimespectrum.com
E-Mail: malupaper@intimespectrum.com
|
Bankers to the Issue |
UTI Bank Limited
131 Marker Tower – F,
13th Floor, Cuffe Parade, Colaba,
Mumbai – 400 005.
Tel : +91-22-2218 9106-09
Fax : +91-22-2218 6944/2218 1429
Email : kundanlal.dohare@utibank.co.in
Website : www.utibank.com
HDFC Bank Limited
Financial Institution & Government
Business Group. , “Central Plaza”
2/6, Sarat Bose Road, Kolkata – 700 020.
Tel : +91-033-2485 8380/ 8383/ 8384
Fax : +91-033-2486 0712
Email : preeti.sharma@hdfcbank.com
Website : www.hdfcbank.com
|
Legal Advisor to the Issue |
Khaitan & Company
Emerald House
1B,Old Post Office Street
Kolkata – 700 001
Tel: +91-33-2248 7000
Fax: +91-33-2220 7857
E-Mail : pl@khaitanco.com
|
Appraising & Monitoring Agency |
UTI Bank Ltd.,
111, Maker Tower “F”,
Cuffe Parade, Colaba,
Mumbai – 400 005.
Tel : 022-22189106-9
Fax : 022-22186944 .
|
Exchanges where the shares are proposed to be listed |
Bombay Stock Exchange 
National Stock Exchange.
|
|
