JKB Financial Services Ltd.

Shri Aster Silicates Ltd
Registered Office: B-506 Infinity Corp Lane Road, Prahalad Nagar Garden Satellit, Ahmedabad - 380015, Gujarat
Phone:
Email: aster_silicates@yahoo.com
Website: www.astersilicatesltd.com
Public issue of 45,00,000 equity shares of Rs. 10/- each at a price of Rs. 118 per equity share (including a premium of Rs. 108 per equity share) for cash aggregating upto Rs. 53.10 Crores (the Issue), by Aster Silicates Limited (the Company or the Issuer). The issue will constitute 30.28% of the fully diluted post issue paid-up capital of the company. The net issue to public will constitute 30.28% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 118 per equity share of face value of Rs. 10 each. The issue price is 11.80 times of the face value

Shri Aster Silicates Ltd

Registered Office: B-506 Infinity Corp Lane Road, Prahalad Nagar Garden Satellit, Ahmedabad - 380015, Gujarat

Phone:

Public issue of 45,00,000 equity shares of Rs. 10/- each at a price of Rs. 118 per equity share (including a premium of Rs. 108 per equity share) for cash aggregating upto Rs. 53.10 Crores (the Issue), by Aster Silicates Limited (the Company or the Issuer). The issue will constitute 30.28% of the fully diluted post issue paid-up capital of the company. The net issue to public will constitute 30.28% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 118 per equity share of face value of Rs. 10 each. The issue price is 11.80 times of the face value

Issue	Money Payable On
24-Jun-2010	28-Jun-2010	₹ 118.00	₹ 0.00

Issue

Money Payable On

Opens On

Closes On

Application

Allotment

24-Jun-2010

28-Jun-2010

₹ 118.00

₹ 0.00

Minimum Application for shares in Nos : 50 Further Multiples of : 50
Project Cost	56.82	Saffron Capital Advisors Pvt Ltd
Project Financed through Current Offer	53.10
Post Issue Equity Share Capital	14.86
Issue Price	₹118.00

Minimum Application for shares in Nos : 50 Further Multiples of : 50

(₹)Cr.

Lead Managers to the Issue

Project Cost

56.82

Saffron Capital Advisors Pvt Ltd

Project Financed through Current Offer

53.10

Post Issue Equity Share Capital

14.86

Issue Price

₹118.00

Projects
Expansion of manufacturing facilities
Additional working capital requirements

Projects

Expansion of manufacturing facilities

Additional working capital requirements

Promoted By
Mahesh A Maheshwari
Namrata Mahesh Maheshwari

Promoted By

Mahesh A Maheshwari

Namrata Mahesh Maheshwari

Listing At
BSE
NSE

Listing At

BSE

NSE

Registrar to the Issue
Sharepro Services India P Ltd

Registrar to the Issue

Sharepro Services India P Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)

GET IN TOUCH

IPO Details