Registered Office:
C-1103 Titanium Square Thaltej,Circle SG Highway Thaltej,
Ahmedabad
-
380059,
Phone : 91-79-48926868
Fax : NA
Public issue of 54,00,000 equity shares of face value of (Rs) 10 each of Bright Solar Limited ("bright" or the "company" or the "issuer") for cash at a price of (Rs) 36 per equity share including a share premium of (Rs) 26 per equity share (the "issue price") aggregating to (Rs) 19.44 Crores ("the issue"), of which 2,70,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 36 per equity share including a share premium of (Rs) 26 per equity share aggregating to (Rs) 0.97 Crores will be reserved for Subscription by market maker to the issue (the "market Maker reservation portion"). The issue less the market maker reservation portion i.e. net
Issue of 51,30,000 equity shares of face value of (Rs) 10 each at a price of (Rs) 36 per equity share including a share premium of (Rs) 26 per equity share aggregating to (Rs) 18.47 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.47% and 25.15% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs) 10 each and the issue price is (Rs) 36. The issue price is 3.6 times of the face value.
Opens On
Closes On
Application
Allotment
26-Jun-18
29-Jun-18
36.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
3000
Further Multiples of :
3000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
19.44
Swastika Investmart Ltd
Project Financed through Current Offer
19.44
Post Issue Equity Share Capital
20.40