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Aaron Industries Ltd

Aaron Industries Ltd

    Registered Office : B-65 & 66 1st Floor,Jawahar Road No 4 Udhayog Nagr,Surat Gujarat 394210 Phone : 91-261-2278410
    Fax :

    Email : info1@aaronindustriesltd.net

    Website : www.aaronindustries.net

Initial public issue of upto 12,57,000 equity shares of face value of Rs.10.00 each ("equity shares") of Aaron Industries Limited (the "company" or the "issuer") for cash at a price of Rs.38.00 per equity share, including a share premium of Rs.28.00 per equity share (the "issue price"), aggregating Rs.4.78 Crores ("the issue"), of which 63,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.0.24 Crores will be reserved for the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. Net issue to public will be 11,94,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.4.54 Crores is hereinafter refered to as the "net issue". The public issue and the net issue will constitute 26.28%and 24.96% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and The issue price of Rs.38 is 3.8 times of the face value.

Issue

Opens On

Closes On

20-Aug-2018

24-Aug-2018

Money Payable On

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)

4.78

4.78

4.78

38.00

Gretex Corporate Services Pvt Ltd

Projects
  • To Set up a new Line of Business in Expansion Plan
  • To Meet Working Capital Requirements
Promoted By
  • Amar Chinubhai Doshi
  • Karan Amar Doshi
  • Monish Amar Doshi
Listing At
  • NSE - SME
Registrar to the Issue
  • Bigshare Services Pvt Ltd