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Madhyam Agrivet Industries Ltd

Madhyam Agrivet Industries Ltd

    Registered Office : Gat No 122 At Ranjankhol,Post Tilaknagar Taluka Rahata,Ahmednagar Maharashtra 413720 Phone : 91-24-22645500
    Fax : 91-24-22265816

    Email : investor@prabhatdairy.com

    Website : www.prabhatdairy.in

Public Issue of 31,739,442 Equity shares of face value of Rs. 10 Each (The "Equity shares") of Prabhat Dairy Ltd (The "Company" or "Issuer") for cash at a price of Rs. 115 per equity share (Including a share premium of Rs. 105 per Equity share) aggregating to Rs. 362.57 Crores ("Issue") consisting of a fresh Issue of 26,262,144 equity shares aggregating up to Rs. 300 Crores and an offer for sale of 5,477,298 equity shares, comprising of 1,173,600 equity shares by Nirmal Family Trust, (Promoter), 2,450,743 equity shares by The India Agri Business Fund Ltd., 8,566 equity shares by The Real Trust, and 1,844,389 equity shares by Societe De promotion Et De participation Pour La cooperation economique. The issue will constitute 32.49% of the post-issue paid-up equity share capital of the company. The company and the selling shareholders in consultation with the Global Co-Ordinators and book running Lead Managers ("GC-BRLMS") and The Book Running Lead Manager ("BRLM", Together with the GC-BRLMS, Referred to as the "Lead Managers") Have decided to offer a discount of Rs. 5 per equity share to the retail investors ("Retail Discount") in terms of the SEBI Regulations. The Isssue price is Rs.115 per equity share and is 11.5 times. The Face Value of the equity shares is Rs. 10 Each.

Issue

Opens On

Closes On

28-Aug-2015

04-Sep-2015

Money Payable On

Application

Allotment

115.00

0.00

Minimum Application for shares in Nos : 102.0 Further Multiples of : 102.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

362.57

0.00

115.00

Edelweiss Financial Services Ltd

Macquarie Capital Securities (India) Pvt Ltd

SBI Capital Markets Ltd

Projects
  • Part pre-payment of loans availed by our Company
  • To meet capital expenditure
  • General corporate purposes
Promoted By
  • Nirmal Family Trust
  • Sarangdhar Ramchandra Nirmal
  • Vivek Sarangdhar Nirmal
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Karvy Computershare Pvt Ltd