Avro India Ltd - Prospectus Synopsis

Avro India Ltd pdf Icon RHP

Registered Office : A-7/36-39South ofGT Rod IndlAr , Electrosteel Casting Compound , Ghaziabad - 201009 , Uttar Pradesh , India.

Phone : 91-120-4376091  Fax :

Email :cs@avrofurniture.com    Website : www.avrofurniture.com

Public issue of 884,000 equity shares of face value of Rs. 10 each (equity shares) of Avon Moldplast Limited (the company) for cash at a price of Rs. 51 per equity share (including a share premium of Rs. 41 per equity share) (the issue price), aggregating to Rs. 4.51 Crores (the issue), of which 46,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 0.24 Crores will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 838,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 4.27 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.17% and 25.75% respectively of the fully diluted 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. 51 is 5.10 times of the face value of the equity shares.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
7/12/2018 12:00:00 AM 7/18/2018 12:00:00 AM Rs 51 - 0Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
 Rs CrLead Managers to the Issue
Project Cost 4.51 Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer 4.51  
Post Issue Equity Share Capital 4.51  
Issue PriceRs. 51 
Projects
To Acquire additional mold of Chair, Cupboard, Table, etc. at the existing manufacture facilities of the company
Promoted ByListing AtRegistrar to the Issue
Anita Aggarwal
Sahil Aggarwal
Sushil Kumar Aggarwal
- Mas Services Limited