MIC Electronics Limited
Registered Office: A-4/II Electronic Complex Kushaiguda Hyderabad Andhra Pradesh - 500062 Tel: 91-040-27122222 Fax: 91-040-27133333 Email: [email protected] Website: www.micelectronics.com
Public issue of 51,00,000 equity shares of Rs. 10 each for cash at a price of Rs.150/- per equity share aggregating to Rs.76.50 crores, ("issue") comprising a fresh issue of 51,00,000 equity shares of Rs.10 each by MIC Electronics Limited ("company" or "issuer"). The issue would constitute 25.34 % of our fully diluted post issue paid-up equity capital.Issue Price is Rs.150/- per equity share of face value Rs.10/-The Issue price is 15 times of the face value
Book Buit Portion		Fixed Price Portion		Money Payable on
Opens On	Closes On	Opens On	Closes On	Application / Allotment
30-04-2007	08-05-2007	30-04-2007	08-05-2007	Rs. 150
Minimum Application for shares in Nos : 45 Further muliples of : 45
Details				Rs.(Cr)
Project Cost				0
Project Financed through Current Issue				76.5
Post Issue Equity Share Capital				20.13
Issue Price				Rs.150
Object of the issue: Setting-up Addl.Facility for Manuf. of LED BoardsLED Video display sys. to be used for rental/LeasiProducts Up-gradation/DevelopmentDesign & Development of 3D Stereoscopic DisplaysMarket Development - Domestic & OverseasAcquisition of Infostep Inc, USAAugment working Capital requirements
Promoted by
Maganti Venkata Ramana Rao
Listing
BSE-NSE
Lead Manager
Edelweiss Capital Ltd
Registrar
Intime Spectrum Registry Ltd C-13 Pannalal Silk Mills Cmpd LBS Road Bhandup West Mumbai - 400 078 Tel: 91-022-25963838Fax: 91-022-25946969