Airo Lam Ltd - Prospectus Synopsis

Airo Lam Ltd RHP

Registered Office : Survey No. 355 Nananpur Road , N H No.8 Village Dalpur , Prantij - 383120 , Gujarat , India.

Phone : 91-2770-240573  Fax :

Email : investor@airolam.com    Website : www.airolam.com

Initial public offer consisting of fresh issue of 40,02,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 38 per equity share (the issue price) (including a share premium of Rs. 28 per equity share) aggregating up to Rs. 15.21 crores (the issue), of which 2,10,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 0.80 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 37,92,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 38/- per equity share, aggregating Rs. 14.41 crores is hereinafter refered to as the net issue. The issue and the net issue will constitute 26.67% and 25.28% 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. The issue price is Rs.38/- and is 3.8 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
25-Sep-2017 27-Sep-2017 Rs 38 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
  Rs Cr Lead Managers to the Issue
Project Cost 15.21 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 15.21  
Post Issue Equity Share Capital 15  
Issue Price Rs. 38  
Projects
Working capital requirements
Promoted By Listing At Registrar to the Issue
Pravinbhai A Patel
Pravinbhai N Patel
Sureshbhai Patel
NSE - SME Link Intime India Pvt Ltd
 

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