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ABS Marine Services Ltd
ABS Marine Services Ltd
Registered Office : Flat # 3 Anugraha Foundation,# 15 Valliammal Road Vepery,Chennai Tamil Nadu 600007 Phone : +044 4291 4135/155
Fax :
Email : cs@absmarine.com
Website : www.absmarine.com
Public issue of 65,50,000 equity shares* of face value Rs. 10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of Rs. 147 per equity share (including a securities premium of Rs. 137 per equity share) ("Issue Price"), aggregating up to Rs. 96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to Rs. 6.03 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 61,40,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 147 per equity share aggregating to Rs. 90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 and issue price is Rs. 147. The issue price is 14.7 times of the face value of the equity share.
Opens On
Closes On
10-May-2024
15-May-2024
Application
Allotment
147.00
0.00
Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
91.29
96.29
24.55
147.00
GYR Capital Advisors Pvt Ltd
- Acquisition of offshore vessel
- Funding the working capital requirements of the company
- General corporate purposes
- P B Narayanan
- Shreelatha Narayanan
- Arathi Narayanan
- NSE - SME
- Purva Sharegistry (I) Pvt Ltd