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IPO Details


Advanced Enzyme Technologies Ltd
Registered Office: Sun Magnetica 5th Floor, Nr LIC Serivce Road Louiswadi, Thane - 400604, Maharashtra
Phone: 91-22-41703200
Email: sanjay@advancedenzymes.com; info@advancedenzymes.c
Website: www.advancedenzymes.com
Initial public offer of upto 4,594,875 Equity shares of face value of Rs. 10 each (equity shares) of Advanced Enzyme Technologies Limited (The company Or the issuer) for cash at a price of Rs. 896 per equity share (including a share premium of Rs. 886 per equity share) aggregating to Rs. 411.49 Crores (the offer) Consisting of a fresh issue of 560,405 equity shares aggregating to Rs. 50 Crores (the fresh issue) and an offer for sale of, to 4,00,000 Equity shares by chandrakant Rathi Innovations and Projects Private Limited, 50,000 equity shares by Kishor Laxminarayan Rathi, 30,000 equity shares by Mangala Madhusudan Kabra, 17,00,000 equity shares by Vasant Laxminarayan Rathi, 5,00,000 equity shares by the Vasant and Prabha Rathi Generation Trust, (Collectively the Promoter group selling shareholders) and 17,900 equity shares by Kotak Employees Investment Trust, 1,62,700 equity shares by Kotak India Venture Fund I and 3,36,600 equity shares by Kotak India Venture (offshore) fund (collectively the Investor selling shareholders) and 447,270 equity shares by Persons listed in Annexure `A' (collectively The Other selling shareholders-I) and 40,000 equity shares by Mukund Madhusudan Kabra, 3,50,000 equity shares by Pradip Bhailal Shah (collectively the other selling shareholders-II) aggregating Rs. 361.49 Crores (offer for sale), and together with the fresh issue (the offer). The offer comprises a net offer to the public of 4,570,184 equity shares (The net offer) and reservation of 24,691 equity shares aggregating Rs. 2 Crores for subscription by Eligible employees (As defined herein) not exceeding 5% of the post-offer paid-up equity shares capital (the employee reservation portion). Offer Price : Rs. 896* per equity share of face value of Rs. 10 each. *A Discount of Rs. 86 per equity share (Equivalent to 9.60%) on the offer price has been offered to eligible employees anchor investor offer price: Rs. 896 per equity share the offer price is 89.6 times the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Jul-2016 22-Jul-2016 896.00 0.00
Minimum Application for shares in Nos : 16 Further Multiples of : 16
()Cr. Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 411.49
Post Issue Equity Share Capital 0.00
Issue Price 896.00
Projects
Investment in Advanced Enzymes USA, WOS
Promoted By
Vasant Laxminarayan Rathi
Chandrakant Laxminarayan Rathi
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

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