IPO Synopsis

Axita Cotton Ltd

Registered Office: Survey No 324,357,358,Kadi Thol Road Borisana Kadi, Mahesana - 382715, Gujarat, India. Phone : 91-63587 47514   Fax: Email : cs@axitacotton.com Website :www.axitacotton.com

Public issue of 17,52,000 equity shares of face value of Rs. 10 each of Axita Cotton Limited ("axita" or the "company" or the "issuer") for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share (the "issue price") aggregating to Rs. 10.51 Crores ("the issue"), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 0.55 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 16,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 9.96 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.74% and 25.34% 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 Rs. 60. The issue price is 6 times of the face value. Issue Opens On Closes On 27-Dec-18 02-Jan-19 Money Payable On Application Allotment 60.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 Cr Lead Managers to the Issue Project Cost (.Cr) 10.51 Beeline Broking Ltd Project Financed through Current Offer (.Cr) 10.51   Post Issue Equity Share Capital (.Cr) 6.55 Issue Price () 60.00

Projects

Net Incremental Working Capital Requirement

Promoted By

Nitinbhai Govindbhai Patel

Kushal Nitinbhai Patel

Amitkumar Govindbhai Patel

Listing At

BSE - SME

Registrar to the Issue

No Data Available