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Vijayeswari Textiles Limited (VTL), an existing, profit earning, dividend paying company engaged in the production and sales

of super fine cotton yarns and textile made-ups, has informed the Exchanges that the issue will close on February 19, 2007 instead of the earlier closing day of February 13, 2007. Further price band has been revised from Rs.115 - Rs.130/- per share to Rs.100/- to Rs.115/- per share. The Companys public issue of equity shares of Rs 10 each for cash at a price to be decided through the 100 % book building process including a share premium aggregating Rs 9,000 lakhs. The shares are proposed to be listed on the Bombay Stock Exchange Limited (BSE) in addition to its current listing of the equity share on the Madras Stock Exchange Limited, Chennai (MSE). Of the net public issue, up to 50% of the Issue shall be allotted to Qualified Institutional Buyers (QIBs) on a proportionate basis out of which 5% shall be available for allocation on a proportionate basis to Mutual Funds only. The remainder shall be available for allotment on a proportionate basis to QIBs and Mutual Funds. Further, up to 15% of the Issue would be allocated to Non-Institutional Bidders and not less than 35% of the Issue would be allocated to Retail Individual Bidders on a proportionate basis. In the half yearly period ended September 30, 2006, the total income of the company was Rs 7158.40 lakhs and net profit of Rs 802.98 lakhs, as against the total annual income of Rs 10, 317.07 lakhs and annual net profit of Rs 843.93 lakhs for the year ended March 31, 2006. The Book Running Lead Manager (BRLM) to the Issue are IDBI Capital Market Services Limited and IL&FS Investsmart Limited.

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