Mount Housing and Infrastructure Ltd.
 
Thrisul Square, 180, 1st Floor, Race Course, Coimbatore, Tamil Nadu - 641018
Phone: 4533110

Public Issue of 3000000 Equity Shares of Rs 10.00 each for Cash per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
18/04/199629/04/1996 - -
Lead Managers Registrar Listed at
HINDUSTAN FINANCIAL MANAGEMENT LTD
COMPUTER AGE MANAGEMENT SERVICES (PVT) LIMITED
A&B LAKSHMI BHAWAN
609, ANNA SALAI ,
Chennai (Madras), Tamil Nadu - 600006
Phone: 8266614 Fax: 8268426
CmbSE
MSE
Object of the issue
1. To finance the long term Working Capital requirements of the Company.

2. To finance the cost of acquisition of Plant & Machinery and other fixed assets.

3. To get the Equity Shares of the Company listed on the Stock Exchanges.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.23
MARGIN OF WORKING CAPITAL4.60
MISC FIXED ASSETS0.14
INVESTMENT IN SUBSIDIARIES0.13
TOTAL COST5.10
Means of Finance
(Rs. in Crs.)
INTERNAL ACCRUALS0.05
PUBLIC ISSUES3.00
PROMOTERS CONTRIBUTION2.05
TOTAL COST5.10
Promoted by
PROMOTERS & THEIR BACKGROUND

The Company has been promoted by Sri Ramesh C. Bafna, aged 38 years, B.Com(Inter), who is the Managing Director of the Company. He has been in the business of dealing in Construction materials, with a special emphasis on marble and granite. He is in construction industry for past 15 years.

He is presently a partner of the firm M/s. Jain Developers which is developing a prestigious residential complex in a posh locality of Coimbatore, for a total aggregate area of about 55,000 sq. ft. valued at about Rs. 500 Lakhs.

He is also a patron member of Coimbatore Welfare Association and Chairman of Round Table 31, Coimbatore.

Name of the Position held No. of years Organisation From To

M/s. Classique Marbles Partner 1981 1994 M/s. Mangal Marbles Partner 1988 1994 M/s. C. Jayantilal Shah Partner 1980 1995 M/s. Classique Exports Partner 1993 till date M/s. Creative Exports Proprietor 1994 till date M/s. Classique Marketing Proprietor 1993 till date M/s. Creative Marketing Proprietor 1994 till date M/s. Jan Developers Partner 1995 till date M/s. Akash Housing Ltd. Director 1995 till date

Name of the Nature of Organisation Responsibility/ Activity M/s. Classique Marbles Construction Material M/s. Mangal Marbles Construction Material M/s. C. Jayantilal Shah Textiles M/s. Classique Exports Export-Marble,Granite M/s. Creative Exports Export-Marble,Granite M/s. Classique Marketing Granite Marketing M/s. Creative Marketing Granite Marketing M/s. Jan Developers Construction M/s. Akash Housing Ltd. Construction