J K brought a public offer with the following capital structure: - Equity of Rs. 100 lakhs with 5,00,000 shares at Rs. 20 per share - Preference shares of Rs. 30 lakhs with 3,00,000 shares at Rs. 10 per share - Debentures of Rs. 60 lakhs with 4,00,000 debentures at Rs. 15 per debenture - A loan of Rs. 35 lakhs at 12% interest - The dividend on equity shares will increase from Rs. 5 to Rs. 8 per share.