Circuit Systems (India) Limited

Circuit Systems (India) Limited
A leading manufacturer of printed circuit boards(PCB).A customer oriented enterprise with a mission to assist customers to fulfill their requirements at the pinnacle of technology.CSIL's manufacturing plant is located at Gandhinagar, Gujrat. CSIL has 12 years of manufacturing(Incorporated in 1995) experience and CSIL has managed to gain strong foothold in most of the important centers in the electronic industry.
Today CSIL is a key supplier to Telecom industry, Automobile sector, process control, Industrial applications and various R & D establishments.CSIL export PCB's to Belgium, USA, Italy, Newzeland and other countries.
CSIL is now focusing on high technology boards like PCB's with 4 mil standards, lead free finishes, MCL with complex designs.
Objects of the issue :
Fund the Capital Expenditure for expanding capacity from 84000 Sq Mtrs of PCB to 150000 sq Mtrs of PCB.
Fund the Working Capital Margin requirement.
Acquisitions of Companies/Business in the same line of activity.
General corporate purposes.
Circuit Info
Open - 27 Sep 2007
Close - 5 Oct 2007
Issue Type -Fixed Price Issue (Initial Public Offer IPO)
Issue Size - 42,44,810 Equity Shares of Rs. 10/- each
Issue Price - Rs. 35/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing - BSE
Lead Manager- Centrum Capital Limited
Registrar - CAMEO Corporate Services Limited
Phone -044 28460390
Email - Email: cameo@cameoindia.com
Website - www.cameoindia.com
Application Multiple - 200 and in multiples there off starting with atleast 200 shares