AKM Lace & Embrotex Ltd - Prospectus Synopsis

AKM Lace & Embrotex Ltd RHP

Registered Office : IX/6024 Ram Gali , Subhash Mohalla Gandhi Nagar , Delhi - 110031 , Delhi , India.

Phone : 91-11-49856126  Fax : 91-11-45805612

Email : akmlace@gmail.com    Website : www.akmlace.com

Public issue of 19,02,000 equity shares of Rs. 10 each (equity shares) of AKM Lace and Embrotex Limited (AKMLEL Or the company) for cash at a price of Rs. 25 per share (the issue price), aggregating to Rs. 4.76 Crores (the Issue), of which 1,02,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the Issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 18,00,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will Constitute 63.14% and 59.76%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 2.50 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Sep-2017 22-Sep-2017 Rs 25 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
  Rs Cr Lead Managers to the Issue
Project Cost 4.76 Aryaman Financial Services Ltd
Project Financed through Current Offer 4.76  
Post Issue Equity Share Capital 3.01  
Issue Price Rs. 25  
Working capital requirement
Promoted By Listing At Registrar to the Issue
Anoop Kumar Mangal
Anoop Kumar Mangal & Sons HUF
Shambhu Dayal Mangal
BSE - SME Skyline Financial Services Pvt

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