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Sudar Industries Ltd

Registered Office : Plot No 27 & 29 Village Paud,Mazgaon Road Taluka Khalapur,Raigad Maharashtra 410222 Phone :
Fax :

Email :

Website :

Public issue of 90,88,000 equity shares of Rs. 10/- each of sudar Garments Limited (The 'Company" or The 'Issuer') for cash at a price of Rs. 77 per equity share, including a share premium of Rs. 67 per equity share, aggregating to Rs. 69.98 crores (The 'Issue'). The issue would constitute 49% of the fully diluted post-issue paid up capital of the company. The face value of the equity shares is Rs. 10/-. The issue price is Rs. 77 and is 7.7 times the face value of the equity share

Issue

Opens On

Closes On

21-Feb-2011

24-Feb-2011

Money Payable On

Application

Allotment

77.00

0.00

Minimum Application for shares in Nos : 81.0 Further Multiples of : 81.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

74.77

69.98

18.55

77.00

Ashika Capital Ltd

Projects

Expansion of the existing apparel manufact. unit

Meeting working capital requirement

Setting up retail outlets and brand building

Meeting general corporate expenses

Promoted By

Murugan Muthiah Thevar

Listing At

Registrar to the Issue

Link Intime India Pvt Ltd