Aartech Solonics Ltd - Prospectus Synopsis

Aartech Solonics Ltd pdf Icon RHP

Registered Office : E-2/57 Ashirvad Area Colony , , Bhopal - 462016 , Madhya Pradesh , India.

Phone : 91-755-2463593  Fax :

Email :compliance@aartechsolonics.com    Website : www.aartechsolonics.com

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.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
3/12/2019 12:00:00 AM 3/18/2019 12:00:00 AM Rs 34 - 0Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
 Rs CrLead Managers to the Issue
Project Cost 7.21 Swastika Investmart Ltd
Project Financed through Current Offer 7.21  
Post Issue Equity Share Capital 7.21  
Issue PriceRs. 34 
Projects
Proceeds from Initial Public Offer
Promoted ByListing AtRegistrar to the Issue
Anil Anant Raje
Chhaya Raje
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