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  • IPO Synopsis

IPO

AB Cotspin India Ltd
Initial public issue consisting of fresh issue of upto 28,84,000* equity shares of face value of Rs. 10 each ("Equity Shares") of AB Cotspin India Limited ("Company" or "Issuer") for cash at a price of Rs. 35 per equity share (including a share premium of Rs. 25 per equity share) aggregating upto Rs. 10.09 crores (The "Issue"). The Issue includes a reservation of upto 1,48,000 equity shares of face value Rs. 10 each at a cash price of Rs. 35 per equity share aggregating Rs. 0.52 crores for subscription by the market maker to the issue (The "Market Maker Reservation portion"). The issue less market maker reservation portion i.e. Net issue of upto 27,36,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 35 per equity share, aggregating Rs. 9.57 crores is hereinafter refered to as the "Net Issue". The issue and the net issue will constitute 28.02% and 26.58% respectively of the 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. 35 of the equity share. The floor price is 3.5 times of the face value. Bids cans be made for a minimum of 4000 equity and in multiple of 4000 shares thereafter.
Issue
Opens On Closes On
30-Dec-21 03-Jan-22
Money Payable On
Application Allotment
35.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
Cr Lead Managers to the Issue
Project Cost (.Cr) 10.09 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 10.09  
Post Issue Equity Share Capital (.Cr) 10.29
Issue Price () 35.00
Projects
Prepayment/Repayment of certain secured borrowings availed by the company
General Corporate Purposes
Promoted By
Deepak Garg
Pooja Garg
Listing At
NSE - SME
Registrar to the Issue
No Data Available