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MT Educare Ltd

MT Educare Ltd

    Registered Office : 220 2nd Floor Flying Colors,LBS Cross Road Mulund (West),Mumbai Maharashtra 400080 Phone : 91-022-25937700/800/900
    Fax : 91-022-25937799

    Email : info@mteducare.com

    Website : www.mteducare.com

Public issue of 1,23,75,000 equity shares of face value of Rs. 10 each of MT Educare Limited (The "Company" or The "Issuer") for cash at a price of Rs. 80 per equity share (including a share premium of Rs. 70 per equity share) aggregating to Rs. 99.00 crores consisting of a fresh issue of 43,75,000 equity shares aggregating to Rs. 35.00 crores (The "Fresh Issue") and an offer for sale of 80,00,000 equity shares by Helix Investments Company (The "Selling Shareholders") aggregating to Rs. 64.00 crores (The "Offer for sale" and together with the fresh issue, The "Issue"). The issue shall constitute 31.29% of the post-issue paid-up equity share capital of the company. Issue Price : Rs. 80 per equity share of face value of Rs. 10/- each. The issue price is 8 times the face value.

Issue

Opens On

Closes On

27-Mar-2012

29-Mar-2012

Money Payable On

Application

Allotment

80.00

0.00

Minimum Application for shares in Nos : 80.0 Further Multiples of : 80.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

40.49

99.00

39.55

80.00

Enam Securities Pvt Ltd

Projects
  • Part financing the cost of construction of a PUC
  • Establishing new coaching centres at 20 locations
  • General corporate purposes
Promoted By
  • Mahesh R Shetty
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Link Intime India Pvt Ltd