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IPO

IPO Details


Airo Lam Ltd
Registered Office: Survey No. 355 Nananpur Road, N H No.8 Village Dalpur, Prantij - 383120, Gujarat
Phone: 91-2770-240573
Email: investor@airolam.com
Website: www.airolam.com
Initial public offer consisting of fresh issue of 40,02,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 38 per equity share (the issue price) (including a share premium of Rs. 28 per equity share) aggregating up to Rs. 15.21 crores (the issue), of which 2,10,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 0.80 crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 37,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 14.41 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.67% and 25.28% respectively of the fully diluted post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each. The issue price is Rs.38/- and is 3.8 times the face value of the equity shares.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-2017 27-Sep-2017 ₹ 38.00 ₹ 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
(₹)Cr. Lead Managers to the Issue
Project Cost 15.21 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 15.21
Post Issue Equity Share Capital 15.00
Issue Price ₹38.00
Projects
Working capital requirements
General corporate purposes
Promoted By
Pravinbhai N Patel
Sureshbhai Patel
Pravinbhai A Patel
Listing At
NSE - SME
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

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