| Initial public issue of 3,72,000 equity shares of face value of Rs.10/- each (the "equity shares") of V R Films & Studios Limited ("the company" or "vrfsl" or "the issuer") for cash at a price of Rs.61 per equity share (including a share premium of Rs. 51 per equity share) ("issue price" aggregating to Rs. 2.27 Crores ("the issue") of which 20,000 equity shares aggregating to Rs. 0.12 Crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 3,52,000 equity shares of face value of Rs.10 each at an issue price of Rs. 61 per equity share aggregating to Rs. 2.15 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 27.11% and 25.66%, respectively of the post issue paid up equity share capital of the company.
Fixed Price at Rs.61 per equity share is 6.10 times of the face value. |