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AcroPetal Technologies Ltd

AcroPetal Technologies Ltd

    Registered Office : #74/75 3rd Cross 1st Main,N S Palya Bannerghatta Road,Bangalore Karnataka 560076 Phone : 91-80-49084000
    Fax : 91-80-49084100

    Email : corp@acropetal.com

    Website : www.acropetal.com

Public Issue of 18888889 equity shares of Rs. 10/- each at a price of Rs. 90 per equity share (including a premium of Rs. 80 per equity share) for cash aggregating Rs. 170.00 crores (The "Issue"), by AcroPetal Technologies Limited (The "Company" or The "Issuer"). The Issue will constitute 48.57% of the fully diluted post issue paid-up capital of the company. The Net issue to public will constitute 48.57% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 90 per equity shares of face value of Rs. 10 each The issue price is 9 times the face value

Issue

Opens On

Closes On

21-Feb-2011

24-Feb-2011

Money Payable On

Application

Allotment

90.00

0.00

Minimum Application for shares in Nos : 60.0 Further Multiples of : 60.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

170.00

170.00

38.89

90.00

Saffron Capital Advisors Pvt Ltd

Projects
  • To finance the funds required for potential acqui.
  • To set up a Software Devel. Centre cum Corp. Off.
  • Expansion & establishment of overseas offices
  • Part repayment of term loans
  • Additional long term working capital requirements
  • General corporate purposes
Promoted By
  • D Ravi Kumar
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • Sharex Dynamic (I) Pvt Ltd