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Aartech Solonics Ltd

Registered Office: E-2/57 Ashirvad Area Colony,, Bhopal - 462016, Madhya Pradesh, India.
Phone : 91-755-2463593   Fax:
Email :  compliance@aartechsolonics.com  
Website :  www.aartechsolonics.com

Public issue of 21,20,000 equity shares of face value of Rs. 10 each of Aartech Solonics Limited ("Asl" or the "company" or the "issuer") for cash at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share (the "issue price") aggregating to Rs. 7.21 Crores ("the issue"), of which 1,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share aggregating to Rs. 0.37 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 20,12,000 equity shares of face value of Rs. 10 each at a price of Rs. 34 per equity share including a share premium of Rs. 24 per equity share aggregating to Rs. 6.84 Crores is herein after referred to as the "net Issue". The issue and the net issue will constitute 30.03% and 28.50% 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 3.4 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
12-Mar-19 18-Mar-19 34.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 7.21 Swastika Investmart Ltd
Project Financed through Current Offer 7.21  
Post Issue Equity Share Capital 7.06  
Issue Price 34.00  

Projects

  • Proceeds from Initial Public Offer

Promoted By

Anil Anant Raje

Chhaya Raje

Listing At

BSE - SME

Registrar to the Issue

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