Aakash Exploration Services Ltd - Prospectus Synopsis

Aakash Exploration Services Ltd pdf Icon RHP

Registered Office : 424-426 4th Floor Shukan Mall , Nr.Visat Petrol Pump Sabarmati , Ahmedabad - 380005 , Gujarat , India.

Phone : 91-79-48006633/65423366  Fax :

Email :hemang@aakashexploration.com    Website : www.aakashexploration.com

Public issue of 18,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Aakash Exploration Services Limited (The Company or The Issuer) for cash at a price Rs. 56/- per equity share (including a share premium of Rs. 46/- per equity share) (issue price) aggregating to Rs. 10.08 crores (the issue), of which 90,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 56/- per equity share, aggregating to Rs. 0.50 crores well be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,10,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 56/- per equity share aggregating to Rs. 9.58 crores (the net issue). The issue and the net issue will constitute 26.67% and 25.33%, 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 of Rs. 56/-. The Issue price is 5.6 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
4/17/2018 12:00:00 AM 4/19/2018 12:00:00 AM Rs 56 - 0Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
 Rs CrLead Managers to the Issue
Project Cost 10.08 Monarch Networth Capital Ltd
Project Financed through Current Offer 10.08  
Post Issue Equity Share Capital 10.08  
Issue PriceRs. 56 
Projects
Payment of cash credit facilities
Promoted ByListing AtRegistrar to the Issue
Hemang Navin Haria
Krunal Pravin Haria
Vipul Navin Haria
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