Avro India Ltd RHP
Registered Office : A-7/36-39South ofGT Rod IndlAr , Electrosteel Casting Compound , Ghaziabad - 201009 , Uttar Pradesh , India.
Phone : 91-120-4376091 Fax :
Email :cs@avrofurniture.com Website : www.avrofurniture.com
Public issue of 884,000 equity shares of face value of Rs. 10 each (equity shares) of Avon Moldplast Limited (the company) for cash at a price of Rs. 51 per equity share (including a share premium of Rs. 41 per equity share) (the issue price), aggregating to Rs. 4.51 Crores (the issue), of which 46,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 0.24 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 838,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 51 per equity share, aggregating to Rs. 4.27 Crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.17% and 25.75% 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 and the issue price of Rs. 51 is 5.10 times of the face value of the equity shares.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
7/12/2018 12:00:00 AM | 7/18/2018 12:00:00 AM | Rs 51 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 4.51 | Turnaround Corporate Advisors Pvt Ltd |
Project Financed through Current Offer | 4.51 | |
Post Issue Equity Share Capital | 4.51 | |
Issue Price | Rs. 51 |
Projects |
---|
To Acquire additional mold of Chair, Cupboard, Table, etc. at the existing manufacture facilities of the company |
Promoted By | Listing At | Registrar to the Issue | |||
---|---|---|---|---|---|
| - | Mas Services Limited |
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.