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As on :May 29,2015 10 : 19 AM
IPO Synopsis
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Aartech Solonics Ltd
Public issue of 21,20,000 equity shares of face value of Rs. 10 each of Aartech Solonics Limited ("Asl" or the "company" or the "issuer") for cash at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share (the "issue price") aggregating to Rs. 7.21 Crores ("the issue"), of which 1,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share aggregating to Rs. 0.37 Crores will be reserved for Subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker Reservation portion i.e. Net issue of 20,12,000 equity shares of face value of Rs. 10 each at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share aggregating to Rs. 6.84 Crores is herein after referred to as the "net Issue". The issue and the net issue will constitute 30.03% and 28.50% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price is 3.4 times of the face value.
Issue
Opens On Closes On
12-Mar-19 18-Mar-19
Money Payable On
Application Allotment
34.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
RsCr Lead Managers to the Issue
Project Cost (Rs.Cr) 7.21 Swastika Investmart Ltd
Project Financed through Current Offer (Rs.Cr) 7.21  
Post Issue Equity Share Capital (Rs.Cr) 7.06
Issue Price (Rs) 34.00
Projects
Proceeds from Initial Public Offer
Promoted By
Anil Anant Raje
Chhaya Raje
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd