PG Electroplast IPO Opens today: All the details

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Issue Terms
Issue price / Floor Price (Rs)	190-210
Application per share (Rs)	190.00
Minimum investment amount (Rs)	5,700.00
Minimum bid (no of shares)	30 shares and in multiples of 30 thereafter
Maximum Shares for Retail	1050-930

Issue Date and Size
Issue opens	07-Sep-11
Issue closes	12-Sep-11
Listing on	BSE, NSE
Issue size (Rs cr)	109.16-120.65
Mkt cap at issue price (Rs cr)	311.87-344.70

Shares on Offer	Lakhs
Total shares offered	57.45
Of above, offered to public	57.45
Post-issue shares	164.14
Post-issue promoters' holding(%)	65.00

Company Financials (Rs cr)	2009-12-31
No of months	12
Turnover	427.54
Net profit / (loss)	17.91
Borrowings	68.54

Lead Managers & Registrar
Lead Manager(1)	Almondz Global Securities Limited
E-mail	pg.ipo@almondz.com
Registrar	Karvy Computershare Pvt Ltd
E-mail	pg.ipo@karvy.com

Company Contact Details
Company's address	14/39, Shakti Nagar, New Delhi
Pincode	110007
Tel No.	91 11 23844809
Fax No.	91 11 23841932
Website	http://www.pgi.in

Description
Company is an electronic manufacturing services provider for original equipment manufacturers of consumer electronic products in India. It manufactures and/or assembles a comprehensive range of consumer electronic components and finished products such as colour television sets & components, air conditioners sub-assemblies, DVD players and compact fluorescent lamps for third parties.

Objects of Issue
>Prepayment of the portion of term loan and line of credit facility proposed to be availed by our company for the expansion under Phase I >Expansion of manufacturing facility at Unit III, Greater Noida >Expansion of manufacturing facility at Unit IV, Pune >Meeting long term working capital requirements