GET IN TOUCH
Please lodge your grievances with SEBI at https://scores.gov.in
As per PMLA Amendment, linking of Aadhaar with Demat/Trading account is mandatory. All the existing clients shall link their Aadhaar by 31st March 2018. In case the account is not linked within the aforesaid time limit, it will be blocked till Aadhaar Submission.
As per NSDL Circular No: NSDL/POLICY/2017/0022 dated 17th April 2017, all Individual and entity accounts opened from 1st July 2014 to 31st August 2015 has to submit Foreign Account Tax Compliance Act (FATCA) self-declaration (CLICK HERE TO DOWNLOAD ATTACHED FATCA) till 30th April 2017. All the Account Holders who have opened the Demat Account from the period 1st July 2014 to 31st August 2015 are informed to submit the FATCA self declaration to their nearest DP. In case self certification are not provided till 30th April 2017, the Accounts would be blocked.
As per SEBI Letter on collection of Email Ids and Bank Account Details and with Reference to NSDL Circular No: NSDL/POLICY/2017/0009 dated 28th February 2017, it has been observed that Email Ids, Bank Account Details, Mobile Number, SMS Alert of many existing clients are not linked to their Demat Accounts or updated with their latest Bank Account thereby forcing companies to issue printed cheques/warrants and non-receipt of SMS alerts to the client. It is requested to all existing Account Holders to contact their nearest DP for updation of mentioned details in their Demat Accounts.
All existing Individual Demat Account Holders are advised to submit Aadhaar number along with copy of Aadhaar Card to their nearest FSC's.
Azad Engineering Ltd |
---|
Registered Office: 90/C 90/D Phase 1 I D A, Jeedimetla, Hyderabad - 500055, Telangana |
Phone: +91 40 2309 7007 |
Email: cs@azad.in |
Website: www.azad.in |
Initial public offer of 14,122,108 equity shares of face value of Rs. 2 each (Equity Shares) of Azad Engineering Limited (Company) for cash at a price of Rs. 524 per equity share (including a securities premium of Rs. 522 per equity share) (Offer Price) aggregating up to Rs. 740.00 crores* (the Offer) comprising a fresh issue of 4,580,151* equity shares aggregating up to Rs. 240.00 crores* by the company (Fresh Issue) and an offer for sale of 9,541,957* equity shares aggregating up to Rs. 500.00 crores* (the Offer for Sale), comprising of 3,911,545* equity shares aggregating up to Rs. 204.97 crores* by Rakesh Chopdar, 4,978,062* equity shares aggregating up to Rs. 260.85 crores* by Piramal Structured Credit Opportunities Fund and 652,350* equity shares aggregating up to Rs. 34.18 crores* by DMI Finance Private Limited (collectively the Selling Shareholders) (such equity shares offered by the selling shareholders, the Offered Shares). The offer includes a reservation of up to 76,335* equity shares, aggregating up to Rs. 4.00 crores (constituting 0.13% of the post offer paid-up equity share capital of the company) for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitute 23.89% and 23.76%, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 2 each. The offer price is 262 times the face value of the equity shares. *Subject to finalisation of basis of allotment |
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
20-Dec-2023 | 22-Dec-2023 | ₹ 524.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 28 Further Multiples of : 28 | ||
---|---|---|
(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 222.75 | Anand Rathi Advisors Ltd |
Project Financed through Current Offer | 740.00 | |
Post Issue Equity Share Capital | 11.82 | |
Issue Price | ₹524.00 |
Projects |
---|
Funding capital expenditure of the company |
Repayment/prepayment in part or full of certain borrowings availed by the company |
General corporate purposes |
Promoted By |
---|
Rakesh Chopdar |
Listing At |
---|
BSE |
NSE |
Registrar to the Issue |
---|
KFin Techologies Ltd |
INDIAN INDICES
83,184.80 236.57 (0.29%)
25,415.80 38.25 (0.15%)
GLOBAL INDICES
83.95 -0.07 (-0.08%)
17,573.30 -54.76 (-0.31%)
18013.16 353.14(2.00%)