Aartech Solonics Ltd
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Registered Office :
E-2/57 Ashirvad Area Colony,
,
Bhopal
-
462016
,
Madhya Pradesh
, India.
Phone :
91-755-2463593 Fax:
Email : compliance@aartechsolonics.com
Website : www.aartechsolonics.com
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Public issue of 21,20,000 equity shares of face value of Rs10 each of Aartech Solonics Limited ("Asl" or the "company" or the "issuer") for cash at a price of Rs34 per equity share including a share premium of Rs24 per equity share (the "issue price") aggregating to Rs7.21 Crores ("the issue"), of which 1,08,000 equity shares of face value of Rs10 each for cash at a price of Rs34 per equity share including a share premium of Rs24 per equity share aggregating to Rs0.37 Crores will be reserved for
Subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker Reservation portion i.e. Net issue of 20,12,000 equity shares of face value of Rs10 each at a price of Rs34 per equity share including a share premium of Rs24 per equity share aggregating to Rs6.84 Crores is herein after referred to as the "net
Issue". The issue and the net issue will constitute 30.03% and 28.50% respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs10 each and the issue price is 3.4 times of the face value.
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Opens On
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Closes On
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Application
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Allotment
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12-Mar-19
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18-Mar-19
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Rs 34.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :4000 Further
Multiples of :4000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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7.21
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Project Financed through Current Offer
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7.21
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Post Issue Equity Share Capital
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7.06
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Issue Price
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Rs 34.00
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