Axita Cotton Ltd - Prospectus Synopsis

Axita Cotton Ltd RHP

Registered Office : Survey No 324,357,358 , Kadi Thol Road Borisana Kadi , Mahesana - 382715 , Gujarat , India.

Phone : 91-63587 47514  Fax :

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

Public issue of 17,52,000 equity shares of face value of Rs. 10 each of Axita Cotton Limited (axita or the company or the issuer) for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share (the issue price) aggregating to Rs. 10.51 Crores (the issue), of which 92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 0.55 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 16,60,000 equity shares of face value of Rs. 10 each at a price of Rs. 60 per equity share including a share premium of Rs. 50 per equity share aggregating to Rs. 9.96 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.74% and 25.34% respectively of the 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 is Rs. 60. The issue price is 6 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
27-Dec-2018 02-Jan-2019 Rs 60 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 10.51 Beeline Broking Ltd
Project Financed through Current Offer 10.51  
Post Issue Equity Share Capital 6.55  
Issue Price Rs. 60  
Projects
Net Incremental Working Capital Requirement
Promoted By Listing At Registrar to the Issue
Amitkumar Govindbhai Patel
Kushal Nitinbhai Patel
Nitinbhai Govindbhai Patel
BSE - SME Link Intime India Pvt Ltd
 

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