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Aarvi Encon Ltd
Aarvi Encon Ltd
Registered Office : 603 B1 Wing Marathon Nextgen,Complex Lower Parel (W),Mumbai Maharashtra 400013 Phone : 91-22-40499999
Fax : 91-22-40499998
Email : info@aarviencon.com
Website : www.aarviencon.com
Public issue of 39,34,000 equity shares of face value of Rs. 10/- each fully paid up of Aarvi Encon Limited ("Aarvi" or the "Company" or the "Issuer") for cash at a price of Rs. 54/- per equity share (the "Issue Price") (including a share premium of Rs. 44/- per equity share aggregating Rs. 21.24 Crores (the "Issue") by the company, of which 1,98,000 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue ("market maker reservation portion"). The issue less The market maker reservation portion i.e. Issue of 37,36,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.61% and 25.27% respectively of the 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.54. The issue price is 5.40 times the face value.
Opens On
Closes On
21-Sep-2017
26-Sep-2017
Application
Allotment
54.00
0.00
Minimum Application for shares in Nos : 2000.0 Further Multiples of : 2000.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
21.24
21.24
14.78
54.00
Sarthi Capital Advisors Pvt Ltd
- Working capital requirements
- Acquisitions and other strategic initiatives
- General corporate purposes
- Virendra Dalpatram Sanghavi
- Jaydev Virendra Sanghavi
- NSE - SME
- Bigshare Services Pvt Ltd