IPO Synopsis
| Shri Aster Silicates Ltd |
|---|
| Registered Office: B-506 Infinity Corp Lane Road,Prahalad Nagar Garden Satellit,Ahmedabad-380015, Gujarat |
| Tel. No: NA |
| Fax No: NA |
| 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 | |
| 24-Jun-2010 | 28-Jun-2010 | ₹118.00 - 0.00 | |
| Minimum Application for shares in Nos : 50.0 | Further Multiples of :50.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 56.82 | Saffron Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 53.10 | |
| Post Issue Equity Share Capital | 14.86 | |
| Issue Price | 118.00 |
| Projects |
|---|
| Expansion of manufacturing facilities |
| Additional working capital requirements |
| Promoted By |
|---|
| Mahesh A Maheshwari |
| Namrata Mahesh Maheshwari |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
