Advance Syntex Ltd - Prospectus Synopsis

Advance Syntex Ltd RHP

Registered Office : 233/2 & 238/2 GIDC , POR Ramangamdi , Vadodara - 391243 , Gujarat , India.

Phone : 91-265-2831850  Fax : 91-265-2831848

Email :    Website :

Public issue of 21,00,000 equity shares of face value of Rs. 10.00 each of Advance Syntex Limited (The company or The issuer) for Cash at a price of Rs. 12.00 per equity share (including a share premium of Rs. 2.00 per equity share) (issue price) aggregating to Rs. 2.52 Crores (the issue), of which 1,20,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 12.00 per equity share, Aggregating to Rs. 0.14 Crores will be reserved for subscription by market maker (Market maker reservation portion). The Issue less the market maker reservation portion i.e. issue of 19,80,000 equity shares of face value of Rs. 10.00 each at an issue price Of Rs. 12.00 per equity share aggregating to Rs. 2.38 Crores (Is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.53% and 25.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 12.00 each. The issue price is 1.2 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-2016 04-Jul-2016 Rs 12 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 10000 Further Multiples of : 10000
  Rs Cr Lead Managers to the Issue
Project Cost 2.17 Hem Securities Ltd
Project Financed through Current Offer 2.52  
Post Issue Equity Share Capital 7.91  
Issue Price Rs. 12  
To Meet Worksing Capital Requirement
Promoted By Listing At Registrar to the Issue
Bhavan Dhirendra Vora
BSE - SME Sharex Dynamic (India) Pvt Ltd

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