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Airo Lam Ltd
Airo Lam Ltd
Registered Office : Survey No. 355 Nananpur Road,N H No.8 Village Dalpur,Prantij Gujarat 383120 Phone : 91-2770-240573
Fax :
Email : investor@airolam.com
Website : www.airolam.com
Initial public offer consisting of fresh issue of 40,02,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 38 per equity share (the "issue price") (including a share premium of Rs. 28 per equity share) aggregating up to Rs. 15.21 crores (the "issue"), of which 2,10,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 0.80 crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 37,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 14.41 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 26.67% and 25.28% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each. The issue price is Rs.38/- and is 3.8 times the face value of the equity shares.
Opens On
Closes On
25-Sep-2017
27-Sep-2017
Application
Allotment
38.00
0.00
Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
15.21
15.21
15.00
38.00
Pantomath Capital Advisors Pvt Ltd
- Working capital requirements
- General corporate purposes
- Pravinbhai N Patel
- Sureshbhai Patel
- Pravinbhai A Patel
- NSE - SME
- MUFG Intime India Pvt Ltd