As per the process of Organic Growth, Malu Paper Mills Ltd is going in for an Expansion for a state-of-the-art 150 TPD Deinking Technology Paper Mill with a 6 MW Captive Co-Generation Plant to add up to the existing capacity for manufacturing premium Newsprint grades. The said project is of a total investment of Rs. 70 Crores.

To part finance, the Capital is being raised from Primary Markets apart form term loans from a consortium of Banks.

A brief snapshot of the issue is as below:-

Publice Issue of 66,67,000 Shares of Rs. 10/- each for Cash at a Premium of Rs. 20/- per share (at a price of Rs. 30/- per share) aggregating Rs. 20 Crores.

Equity Shares offered:

Present Issue

83,34,000 Equity Shares

Of which:

Participation by Promoters and others before the issue

16, 67,000 Equity Shares

Offer through this Prospectus

Out of which

Reserved for NRIs/FIIs on proportionate basis

5,00,000 Equity Shares

Reserved for Indian Mutual Funds, Indian & Multilateral Development Financial Institutions, and Scheduled Banks on proportionate basis.

5,00,000 Equity Shares

Net Offer to the Public

56,67,000 Equity Shares

Retail portion (minimum 50% of net offer to public)

At least 28,33,500 Equity Shares
(allotment on a proportionate basis)

Non-Retail Portion (maximum 50% of net offer to public)

Not more than 28,33,500 Equity Shares
(allotment on a proportionate basis)

Under subscription if any in the reservation category shall be added back to the net offer to the public portion. Under-subscription, if any, in the Non- institutional portion and Retail Portion shall be allowed to be met with spillover from the other categories, at the sole discretion of the Company and Lead Manager.

Equity Shares outstanding prior to the Issue

87,25,250 Equity Shares

Equity Shares outstanding after the Issue

170,59,250 Equity Shares

Use of proceeds

The net proceeds of the issue will be used by the Company for part-financing the proposed Project.

Lead Manager to the Issue

SEBI Regn.No INM 000010791

Azimganj House, 2 nd Floor
7, Camac Street,
Kolkata 700 017
Ph: 91-33-2282 9330
Fax: 91-33-2282 9335
E-Mail: maluipo@microsec.co.in
Website: www.microsec.co.in


Registrar to the Issue


C-13, Pannalal Silk Mills Compound,
L B S Marg, Bhandup (West)
Mumbai 400 078
Tel: +91-22-5555 5454
Fax: +91-22-5555 5353
Website: www.intimespectrum.com
E-Mail: malupaper@intimespectrum.com


Bankers to the Issue

UTI Bank Limited
131 Marker Tower – F,
13th Floor, Cuffe Parade, Colaba,
Mumbai – 400 005.
Tel : +91-22-2218 9106-09
Fax : +91-22-2218 6944/2218 1429
Email : kundanlal.dohare@utibank.co.in
Website : www.utibank.com

HDFC Bank Limited
Financial Institution & Government
Business Group. , “Central Plaza”
2/6, Sarat Bose Road, Kolkata – 700 020.
Tel : +91-033-2485 8380/ 8383/ 8384
Fax : +91-033-2486 0712
Email : preeti.sharma@hdfcbank.com
Website : www.hdfcbank.com

Legal Advisor to the Issue

Khaitan & Company
Emerald House
1B,Old Post Office Street
Kolkata – 700 001
Tel: +91-33-2248 7000
Fax: +91-33-2220 7857
E-Mail : pl@khaitanco.com


Appraising & Monitoring Agency

UTI Bank Ltd.,
111, Maker Tower “F”,
Cuffe Parade, Colaba,
Mumbai – 400 005.
Tel : 022-22189106-9
Fax : 022-22186944 .


Exchanges where the shares are proposed to be listed

Bombay Stock Exchange
National Stock Exchange.

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