Axita Cotton Ltd
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Registered Office :
Survey No 324,357,358,Kadi Thol Road Borisana Kadi
,
Mahesana
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382715
,
Gujarat
, India.
Phone :
91-63587 47514 Fax:
Email : cs@axitacotton.com
Website : www.axitacotton.com
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Public issue of 17,52,000 equity shares of face value of Rs10 each of Axita Cotton Limited ("axita" or the "company" or the "issuer") for cash at a price of Rs60 per equity share including a share premium of Rs50 per equity share (the "issue price") aggregating to Rs10.51 Crores ("the issue"), of which 92,000 equity shares of face value of Rs10 each for cash at a price of Rs60 per equity share including a share premium of Rs50 per equity share aggregating to Rs0.55 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 16,60,000 equity shares of face value of Rs10 each at a price of Rs60 per equity share including a share premium of Rs50 per equity share aggregating to Rs9.96 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.74% and 25.34% 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 Rs60. The issue price is 6 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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27-Dec-18
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02-Jan-19
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Rs 60.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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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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10.51
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Project Financed through Current Offer
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10.51
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Post Issue Equity Share Capital
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6.55
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Issue Price
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Rs 60.00
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