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Arvee Laboratories (India) Ltd

Arvee Laboratories (India) Ltd

    Registered Office : 49/3 B Shyamal Row House,100 Feet Road Satelitte,Ahmedabad Gujarat 380015 Phone : 91-79-26749036/37/38
    Fax : 91-79-26742600

    Email : shalin.patel@arveelabs.com

    Website : www.arveelabs.com

Public issue of 14,60,000 equity shares of face value of Rs. 10/- each fully paid up of Arvee Laboratories (India) Limited ("ARVEE" or the "company" or the "issuer") for cash at a price of Rs. 61/- per equity share (the "issue price") (including a share premium of Rs. 51/- per equity share aggregating Rs. 8.91 crores (the "issue") by the company, of which 76,000 equity shares of face value 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 13,84,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and The net issue will constitute 26.50% and 25.12% 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. 61/- per equity share. The Issue price is 6.10 times the face value

Issue

Opens On

Closes On

09-Feb-2018

14-Feb-2018

Money Payable On

Application

Allotment

61.00

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)

8.91

8.91

5.51

61.00

Sarthi Capital Advisors Pvt Ltd

Projects
  • Re-payment of unsecured loans
Promoted By
  • Shalin Sudhakarbhai Patel
  • Shalin Bharat Chokshi
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd