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Allied Engineering Works Ltd

Allied Engineering Works Ltd

    Registered Office : M-11 Badli Industrial Estate,,Delhi New Delhi 110042 Phone : +91 114708 2775
    Fax :

    Email : compliance@aewinfra.com

    Website : www.aewinfra.com

Initial public offering of up to [*] equity shares of face value of Rs.5/- each ("Equity Shares") of Allied Engineering Works Limited (the "Company" or the "Company" or the "Issuer") for cash at a price of Rs.[*] per equity share of face value of Rs.5/- each (Including a premium of Rs.[*] per equity share of face value of Rs.5/- each) (the "Offer Price") aggregating up to Rs.[*] crores (the "Offer") comprising a fresh issue of up to [*] equity shares of face value of Rs.5/- each aggregating up to Rs.400.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 7,500,000 equity shares aggregating up to Rs.[*] crores by Ashutosh Goel ("Promoter Selling Shareholder" and such offer for sale of equity shares by the promoter selling shareholder, the "Offer for Sale"). The offer includes a reservation of up to [*] equity shares of face value of Rs.5/- each, aggregating up to Rs.[*] crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees not exceeding 5% of the post-offer paid-up equity share capital (the "Employee Reservation Portion"). The company may in Consultation with the brlms, offer a discount of up to [*]% to the offer price (Equivalent of Rs.[*] per Equity Share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider a pre-ipo placement, aggregating up to Rs. 80.00 crores, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result in listing of the equity shares of face value of Rs. 5/- each on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The face value of the equity shares is Rs.5/- each and the offer price is [*] times the face value of the equity shares. The price band, the employee discount, if any, to the eligible employees bidding in the employee reservation portion and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

0.00

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

0.00

Axis Capital Limited

IIFL Capital Services Limited

Projects
  • Smart gas meters, smart water meters, IoT solutions at the Kundli Facility
  • Smart electricity meters at the Rai Facility
  • Funding future working capital requirements of the Company
  • General corporate purposes
Promoted By
  • Ashutosh Goel
  • Nidhi Goel
  • Aew Infratech Private Limited
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd