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Anand Rayons Ltd

Registered Office: 305-306 Jay Sagar Complex,Opp Sub Jail Khatodra, Surat - 395002, Gujarat, India.
Phone : 91-261-2635521   Fax:
Email :  anandrayonsltd@gmail.com  
Website :  www.anandrayons.com

Public Issue of 46,88,000 equity shares of face value of Rs. 10/- each of Anand Rayons Limited ("arl" or the "company" or the "issuer") for cash at a price of Rs. 27 per equity share including a share premium of Rs. 17 per equity share (the "issue price") aggregating to Rs. 12.66 Crores ("the issue"), of which 2,40,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 27 per equity share including a share premium of Rs. 17 per equity share aggregating to Rs. 0.65 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 44,48,000 equity shares of face value of Rs. 10 each at a price of Rs. 27 per equity share aggregating to Rs. 12.01 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 31.29% and 29.68 %, 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 2.7 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
18-Jun-19 24-Jun-19 27.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 4000   Further Multiples of : 4000
  Rs Cr Lead Managers to the Issue
Project Cost 12.66 Guiness Corporate Advisors Pvt Ltd
Project Financed through Current Offer 12.66  
Post Issue Equity Share Capital 14.98  
Issue Price 27.00  

Projects

  • Incremental Working Capital Requirements
  • General Corporate Purpose

Promoted By

Anand Bakshi

Listing At

BSE - SME

Registrar to the Issue

No Data Available

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