Initial public offer of up to 40,92,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of the company for cash at a price of Rs. 30 per equity share ( Including a Share Premium of Rs. 20/- per equity share ) ( "Offer Price"), aggregating to Rs. 12.28 crores ("The Offer") Comprising a fresh issue of up to 40,92,000 equity shares of face value Rs. 10 each aggregating up to Rs. 12.28 Crores by the company ( The " Fresh Issue " ) 2,08,000 equity shares aggregating to Rs. 0.62 Crores will be reserved for subscription by market maker ( " Marker Maker Reservation Portion " ). The issue less the market maker reservation portion i.e. issue of 38,84,000 equity shares of face value of Rs.10 each at an issue price of Rs.30/- per equity share aggregating to Rs.11.65 crores is hereinafter referred to as the " Net Issue ". The issue and the net issue will constitute 30.71% and 29.15% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 30/- for equity share of face value of Rs. 10 each. The floor price is 3.00 times times the face value times of the face value of the equity shares. Bids can made for a minimum of 8,000 equity shares and in multiples of 4,000 equity shares thereafter.