Company Name : Barak Valley Cements Ltd
Type of Issue : Book Built

Issue Opens : 29 October, 2007
Issue Closes : 01 November, 2007
Expected Refund Date : 18 November, 2007

Issue Size : 5,660,000 (No. of Shares)

Price Bands
Lower Price Band (Rs) : 37
Upper Price Band (Rs) : 42
Total Size (Rs) : 24 Crores

Issue Allocation
Institutional: 2,773,500
HNI : 832,050
Retail : 1,941,450
Employee : 113,000

Registrar to the Issue : Intime Spectrum Registry Ltd

Managers to the Issue : UTI Securities Ltd

Information URL : Barak Cement

Company Details
Address : 202, Royal View, 2nd Floor, B. K. Kakoti Road, Ulubari, Guwahati, Assam - 781007.
Email : ipo@barakcement.com
Contact Details : 03612464670 /03612464671 /03612464672 (fax)

Company Background:
BVCL is in the business of manufacturing cement. The company’s sales are concentrated in the North Eastern Region. Their operations include raw material procurement, crushing, blending, grinding and packaging of cement. Their product portfolio includes both Ordinary Portland Cement (OPC) and Portland Cement (PPC). The company manufactures their product using Dry Process Rotary Kiln Technology with 4 stage Suspension Pre Heater.
The company’s total manufacturing capacity is 760TPD is manufactured in the company and 300TPD in our wholly owned subsidiary Cement Limited.
Being located in Assam, BVCL is entitled to get various benefits like 100% Excise duty exemption, Central Sales tax/VAT exemption, Income tax exemption, Working capital interest subsidy. BVCL is ISO 9001:2000 certified company and products confirm to BIS (Bureau of Indian Standards) specifications. BVCL has the following companies as its wholly owned subsidiaries:
1. Badarpur Energy Private Limited
2. Cement International Limited
3. Meghalaya Minerals & Mines Limited

Key Financials for the year ended March 31, 2007
Revenue Rs.743.32Mln PAT Rs.143.08Mln
EPS Rs.8.67 RoNW 30.92%

Tags: baral valley cements, ipo, bvcl, sensex, india, bse sensex