Shri Aster Silicates Ltd - Prospectus Synopsis

Shri Aster Silicates Ltd RHP

Registered Office : B-506 Infinity Corp Lane Road , Prahalad Nagar Garden Satellit , Ahmedabad - 380015 , Gujarat , India.

Phone :   Fax :

Email : aster_silicates@yahoo.com    Website : www.astersilicatesltd.com

Public issue of 45,00,000 equity shares of Rs. 10/- each at a price of Rs. 118 per equity share (including a premium of Rs. 108 per equity share) for cash aggregating upto Rs. 53.10 Crores (the Issue), by Aster Silicates Limited (the Company or the Issuer). The issue will constitute 30.28% of the fully diluted post issue paid-up capital of the company. The net issue to public will constitute 30.28% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 118 per equity share of face value of Rs. 10 each. The issue price is 11.80 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
24-Jun-2010 28-Jun-2010 Rs 118 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 50 Further Multiples of : 50
  Rs Cr Lead Managers to the Issue
Project Cost 56.82 Saffron Capital Advisors Pvt Ltd
Project Financed through Current Offer 53.1  
Post Issue Equity Share Capital 14.86  
Issue Price Rs. 118  
Projects
Expansion of manufacturing facilities
Promoted By Listing At Registrar to the Issue
Mahesh A Maheshwari
Namrata Mahesh Maheshwari
Mumbai Sharepro Services India P Ltd
 

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