| Public offer of 59,34,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Diamond Power Transformers Limited (The "Company") for cash at a price of Rs. 20 per equity share, including a share premium of RS. 10 per equity share (The "Offer Price") aggregating Rs. 11.87 crores ("The Offer"), of which 3,06,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.61 crores will be reserved for subscription by the market maker to the offer (The "market maker reservation portion"). The offer less market maker reservation portion i.e. offer of 56,28,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 11.26 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.00% and 25.61% respectively of the fully diluted post offer paid up equity capital of the company.
The face value of the equity shares is Rs. 10 each and the offer price of Rs. 20.00 is 2.0 times of the face value of the equity shares.
|
