20 Microns Limited IPO

Incorporated in 1987, 20 Microns Limited is India's largest manufacturer of White minerals with an annual output of over 180000 tons from plants spanning four different regions of India.

20 Microns Limited supplies the entire world with innovative products in the fields of Functional Filler and Extenders. The main fields of application for 20 MICRONS's products can be found, for instance, in Paints, Coatings and Printing Ink , Plastics, Paper, Ceramic, Rubber, Adhesives and Sealants. 20 MICRONS also manufactures specialised products for the Cosmetics, Cement and Concrete, Household Products, Detergent, Textile industries.

20 Microns Limited is an ISO 9001:2000 certified Company. Company's operations are divided into five geographical regions West, South, North, East and International. Each regional division has its own production, commercial distribution and technical facilities. 20 Microns Limited available in Chalk, Calcite, Marble and Dolomite. Chalk is formed by shells of NANOFOSSILS. This is fine microcrystalline material. Chalk quarries are located at Gujarat, India. 20ML marketing and other activities are mainly operating through two major segments in Minerals namely VAD (Value Added Products) and C&C (Commodity and Consumers). The segments are mainly to have a focus on the specific market. Both the segments have separate marketing teams to take care of the customer’s requirements.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. To augment the resources for the current ongoing expansion of its manufacturing capacity at various locations and invest in the sub micron particle sizes required by end market;
2. To enable listing the Equity Shares of Company on the Stock Exchanges;
3. General Corporate Purposes.

20 Microns Limited IPO Information

»» Public Issue Open: September 08, 2008 to September 11, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 43,50,632 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 50/- to Rs 55/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Keynote Corporate Services Ltd
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-25960320 Email: 20microns.ipo@intimespectrum.com)

Resurgere Mines & Minerals India Ltd IPO

Incorporated in 1987, Resurgere Mines & Minerals India Limited (Formerly Exfin Shipping (India) Ltd.) is presently engaged in the business of extraction and processing of iron ore products ie lump ore and size ore, and is predominantly a manufacturer of calibrated lump ore (CLO) and Iron Ore Fines. The company is also engaged into merchant export of iron ore fines to China.

Resurgere Mines & Minerals India Ltd is ISO 9001:2000 and ISO 14001:2004 Certified from UKAS, United Kingdom. Company is a recognised Star Trading House of India and is also member of various business councils i.e. CAPEXIL, FIEO, FIMI etc. Company currently operates in Nuagaon, Kendujhargarh district and Maharajpur, Mayurbhanj district of Orissa and company purport to commence operations in Singhbhum district of Jharkhand in the near future. Resurgere Mines & Minerals India Ltd have entered in to longterm contracts for these mines, at Nuagoan and at Maharajpur, with the leaseholders for raising and purchasing of iron ore. Company have also entered into similar arrangement with a leaseholder in a mining area in the West Singhbhum district of Jharkhand for the raising of iron ore and then supply of entire production of the mine. All the three mines carry high quality iron ore of about 62% - 64% Fe content.

They have made an application to the Collector of Sindhudurg district for the grant of an iron ore mining lease over an area of 108.77 hectares in village Banda, District Sindhudurg in Maharashtra.They are also engaged in merchant export of iron ore fines to China.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for:
1. Purchase of Plant and Machinery for setting up of our own extraction and crushing facilities at the mines;
2. Purchase of railway rakes to set up our own logistics infrastructure facilities;
3. Margin money for working capital;
4. General Corporate Purposes.

Resurgere Mines & Minerals India Ltd IPO Information

»» Public Issue Open: Aug 11, 2008 to Aug 13, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 44,50,000 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 263/- to Rs 272/-
»» Market Lot: 20 Shares
»» Minimum Order Quantity: 20 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Motilal Oswal Investments Advisors Pvt Ltd
»» Registrar: Intime Spectrum Registry Ltd (Ph: +91-22-25960320 Email: rmmil.ipo@intimespectrum.com)