Pratibhuti

20 May 2012 | 02:32

Swajas Air Charters Ltd

Registered Office: 1/62-4 1st Street,Ravi Colony St Thomas Mount, Chennai - 600016, Tamil Nadu, India.
Phone : 91-44-43947700 Fax:91-44-43519017
Email : compliance@swajasair.com
Website : www.swajasaircharter.com

Public issue of 3964620 equity shares of Rs. 10/- each (The "Equity Shares") for cash at a price of Rs. 90 per equity share (including a share premium of Rs. 80 per equity share) aggregating to Rs. 35.68 crores (The Issue) by Swajas Air Charters Limited ("SACL" or The "Company" or The "Issuer"). The issue shall constitute 26.06% of the post issue share capital of the company. Issue price: Rs. 90 per equity share of face value Rs. 10 each. The issue price is 9 times the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
26-Sep-11	05-Oct-11	90.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 60 Further Multiples of : 60

	Rs Cr	Lead Managers to the Issue
Project Cost	0.00	Aryaman Financial Services Ltd
Project Financed through Current Offer	35.68
Post Issue Equity Share Capital	0.00
Issue Price	90.00

Projects

Part finance the fleet expansion	Finance the setting up of MRO/Hangar facility
Finance the purchase of Office Building / Space	Finance the working capital requirements
General corporate purposes