Somi Conveyor Beltings Ltd
Registered Office: 4 F-15 Oliver House New Power House Road Jodhpur Rajasthan - 342001 Tel: 91-291-2610472/2637565/2637564 Fax: 91-291-2432307 Email: [email protected] Website: www.somiconveyor.com
Issue of 62,27,860 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share (including a Premium of Rs.25/-per Equity Share) of Somi Conveyor Beltings Ltd for cash aggregating to Rs.21.80 Crores ("issue"). The issue comprises of contribution by promoters, of 14,99,286 equity shares of Rs. 10/- each at a price of Rs.35 per equity share for cash aggregating to Rs.5.25 Crores ("promoter's contribution portion"), and the net issue to the public of 47,28,574 equity shares of Rs. 10/- each at a price of Rs.35/- per equity share for cash aggregating to Rs.16.55 Crores ("net issue to public") including an allocation of atleast 10% of the net issue to the public to Aualified Institutional Buyers ("QIB Portion"). The net issue to public would constitute 40% of the fully diluted post issue paid up capital of the company.The issue price is 3.5 times of the face value of the equity share.
Book Buit Portion		Fixed Price Portion		Money Payable on
Opens On	Closes On	Opens On	Closes On	Application / Allotment
		24-06-2008	27-06-2008	Rs. 35
Minimum Application for shares in Nos : 200 Further muliples of : 200
Details				Rs.(Cr)
Project Cost				35.09
Project Financed through Current Issue				21.8
Post Issue Equity Share Capital				11.78
Issue Price				Rs.35
Object of the issue: Setting up of new Manufacturing UnitPurchase of Land and Building for the premisesTo Meet Margin Money requirementInterest Cost During the Construction Period
Promoted by
Om Prakash BhansaliVimal BhansaliGaurav Bhansali
Listing
BSE
Lead Manager
Ashika Capital Ltd
Registrar
Mondkar Computers Pvt Ltd 21 Shakil Niwas Mahakali Caves Road Andheri (E) Mumbai - 400 093 Tel: 91-22-28221966Fax: 91-22-28211996