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IPO Details


Ashoka Metcast Ltd
Registered Office: 7th Floor Ashoka Chambers, Opp HCG Hoapitals Mithakhali, Ahmedabad - 380006, Gujarat
Phone: 91-79-26463226
Email: info@ashokametcast.in
Website: www.ashokametcast.in
Public issue of 60,00,000 equity shares of Rs. 10/- each (equity shares) of Ashoka Metcast Limited (AML or the company) for cash at a price of Rs. 20 per share (the issue price), aggregating to Rs. 12.00 crores (the issue), of which 3,12,000 equity shares of Rs. 10 each will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 56,88,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 56.02% and 53.10%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 2 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Jan-2018 25-Jan-2018 20.00 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
()Cr. Lead Managers to the Issue
Project Cost 12.00 Aryaman Financial Services Ltd
Project Financed through Current Offer 12.00
Post Issue Equity Share Capital 10.71
Issue Price 20.00
Projects
Investment in subsidiary company - SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements
Repayment of loans
Funding expenditure for general corporate purposes
Promoted By
Shalin Shah
Shalin A Shah(HUF)
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd

INDIAN INDICES

Sensex

84,544.31 1,359.51 (1.63%)

Nifty

25,790.95 375.15 (1.48%)

GLOBAL INDICES

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NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

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