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IPO

IPO Details


Avon Corporation Ltd
Registered Office: DLH Park No 1106 11th Floor, S V Road Goregaon (West), Mumbai - 400062, Maharashtra
Phone:
Email: cs@avon.co.in
Website:
Public issue of 1,37,33,033 Equity Shares of Rs.10/- each of Avon Weighing Systms Ltd (The "Company" or The "Issuer") for cash at par (i.e at a price of Rs.10/- per Share) comprising of Promoters Contribution of 38,96,633 Equity Shares of Face Value of Rs.10/- for cash aggregating to Rs.3.89 Crores (herein after referred to as the "Promoters Contribution"). The net offer to the Public is of 98,36,400 equity shares of Rs. 10/- each for cash at par (i.e. at a price of Rs. 10/- per share) aggregating to Rs.9.84 Crores.(herein after referred to as the "Net Issue"). The Issue would constitute 59.33% of the post issue paid-up Capital of the company. The issue price is same as the face value of Rs.10/-
Issue Money Payable On
Opens On Closes On Application Allotment
09-Jun-2008 12-Jun-2008 ₹ 10.00 ₹ 0.00
Minimum Application for shares in Nos : 500.0 Further Multiples of : 500.0
(₹)Cr. Lead Managers to the Issue
Project Cost 17.30 Keynote Corporate Services Ltd
Project Financed through Current Offer 13.73
Post Issue Equity Share Capital 16.58
Issue Price ₹10.00
Projects
Setting up Manufac. Facility for Weighing Systems
Furniture&Fixtures at Factory, Corp.Off& Showrooms
Computers and Software and SAP Systems
Contingency Provision
Working Capital
Promoted By
Pankaj Saraiya
Rupal Saraiya
Listing At
BSE
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

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NASDAQ
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23,916.07 -153.88(-0.64%)