Aanchal Ispat Ltd - Prospectus Synopsis

Aanchal Ispat Ltd RHP

Registered Office : Mouza-Chamrail , National HighWay-6 Laiuah , Howrah - 711114 , West Bengal , India.

Phone : 91-3212-246121  Fax : 91-3212-246069

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

Public issue of 80,04,000 equity shares of face value of Rs. 10 each (equity shares) of Aanchal Ispat Limited (the company or the issuer) for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the issue price), aggregating Rs. 16.01 crores (the issue), of which 4,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.82 crores will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 75,96,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 15.19 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 38.38% and 36.43% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 each and the issue price of Rs. 20 is 2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Nov-2014 26-Nov-2014 Rs 20 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 16.01 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer 16.01  
Post Issue Equity Share Capital 20.85  
Issue Price Rs. 20  
Projects
Expansion & Modernizing by upgradation of TMT unit
Promoted By Listing At Registrar to the Issue
Manoj Goel
Mukesh Goel
Pratik Suppliers Pvt Ltd
BSE - SME Purva Sharegistry (I) Pvt Ltd
 

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