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Home   |   Market   |   IPO   |   IPO Synopsis
IPO Synopsis
 
MT Educare Ltd
Registered Office: 220 2nd Floor Flying Colors,L B S Cross Road Mulund (West) , Mumbai - 400080 , Maharashtra , India.
Phone : 91-022-25937700   Fax:91-022-25937799
Email :  info@mteducare.com  
Website :  www.mteducare.com
Public issue of 1,23,75,000 equity shares of face value of Rs10 each of MT Educare Limited (The "Company" or The "Issuer") for cash at a price of Rs80 per equity share (including a share premium of Rs70 per equity share) aggregating to Rs99.00 crores consisting of a fresh issue of 43,75,000 equity shares aggregating to Rs35.00 crores (The "Fresh Issue") and an offer for sale of 80,00,000 equity shares by Helix Investments Company (The "Selling Shareholders") aggregating to Rs64.00 crores (The "Offer for sale" and together with the fresh issue, The "Issue"). The issue shall constitute 31.29% of the post-issue paid-up equity share capital of the company. Issue Price : Rs80 per equity share of face value of Rs10/- each. The issue price is 8 times the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Mar-12 29-Mar-12 Rs80.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :80  Further Multiples of :80

  Rs Cr Lead Managers to the Issue
Project Cost 40.49
Enam Securities Pvt Ltd
Project Financed through Current Offer 99.00  
Post Issue Equity Share Capital 39.55  
Issue Price 80.00  
 
Projects
Part financing the cost of construction of a PUCGeneral corporate purposes
Establishing new coaching centres at 20 locations
Promoted By
Mahesh R Shetty
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd  
 
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  NSE CM: INB 230637836 | NSE F&O: INF 230637836 | NSE CDS: INE 230637836 | BSE CM: INB 011110237 | BSE F&O: INF 011110237 | MCX-SX: INE 260637836 USE: INE 270637833 | CDSL: a) 120 33500 | b) 12033503 (Delhi) | NSDL: a) IN 301477 | b) IN 301688 (Delhi) | PMS: INP 000000985 | AMFI: ARN -0186