Angel Fibers Ltd - Prospectus Synopsis

Angel Fibers Ltd pdf Icon RHP

Registered Office : Shivalik-2 Shop No 6 , Nr Pushkardham Temple Univ.Rod , Rajkot - 360005 , Gujarat , India.

Phone :   Fax :

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

Initial public offering of 67,48,000 equity shares of face value of Rs. 10 each (the equity shares) of the company for cash at a price of Rs. 27 per equity share (the offer price) aggregating up to Rs. 18.22 Crores through an offer for sale of (i) up to 55,50,000 equity shares aggregating to Rs. 14.99 by Ashok Dudhagara (the promoter); (ii) up to 11,98,000 equity shares aggregating to Rs. 3.23 Crores by Prafulaben Dudhagara (the promoter); (the offer for sale or the offer and such shareholders offering their respective equity shares in the offer for sale are collectively hereinafter referred to as the selling shareholders and individually as a selling shareholder). The offer includes a reservation of up to 3,40,000 equity shares aggregating up to Rs. 0.92 Crores, for subscription by market maker (market maker reservation portion). The offer less the market maker reservation portion i.e. Offer of upto 64,08,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 27 per equity share aggregating to Rs. 17.30 Crores is hereinafter referred to as the net offer. The offer and the net offer will constitute up to 26.99% and up to 25.63%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 27 is 2.7 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
2/20/2018 12:00:00 AM 2/23/2018 12:00:00 AM Rs 27 - 0Rs 0 - 0
Minimum Application for shares in Nos : 4000 Further Multiples of : 4000
 Rs CrLead Managers to the Issue
Project Cost 1.02 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 18.22  
Post Issue Equity Share Capital 1.02  
Issue PriceRs. 27 
Projects
Offer related expenses
Promoted ByListing AtRegistrar to the Issue
Ashok M Dudhagara
Prafulaben A Dudhagara
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