IPO Synopsis
| ARSS Infrastructure Projects Ltd |
|---|
| Registered Office: Plot No 38 Sector -A Zone-D,Mancheswar Industrial Estate,Bhubaneswar-751010, Orissa |
| Tel. No: 91-674-2588552-54 |
| Fax No: 91-674-2585074 |
| Email: response@arssgroup.in; cs@arssgroup.in |
| Website: www.arssgroup.in |
| Public issue of 22,88,888 equity shares of Rs.10/- each ("equity shares") of ARSS Infrastructure Projects Limited ("ARSS" or The "Company" or The "Issuer") for cash at a price of Rs. 450 per equity share (including a share premium of Rs. 440 per equity share) aggregating upto Rs. 103.00 Crores ("Issue"). The issue will constitute 18.23% of the pre issue and 15.42% of the post issue fully paid up equity capital of the company. Issue Price: Rs. 450 per equity share of face value Rs. 10 each The issue price is 45 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 08-Feb-2010 | 11-Feb-2010 | ₹450.00 - 0.00 | |
| Minimum Application for shares in Nos : 15.0 | Further Multiples of :15.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 103.00 | IDBI Capital Market Services Ltd |
| Project Financed through Current Offer | 103.00 | SBI Capital Markets Ltd |
| Post Issue Equity Share Capital | 14.84 | |
| Issue Price | 450.00 |
| Projects |
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| Investment in Joint Ventures |
| Funding long term working capital requirements |
| General corporate purpose |
| Promoted By |
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| Subash Agarwal |
| Rajesh Agarwal |
| Sunil Agarwal |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
|---|
