| Aries Agro Ltd |
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| Registered Office: Aries House Plot No 24,Deonar Govandi (East),Mumbai-400043, Maharashtra |
| Tel. No: 91-022-25564052/53 |
| Fax No: 91-022-25564054 |
| Email: ariesagro@ariesagro.com;investorrelations@ariesagr |
| Website: www.ariesagro.com |
| Initial public issue of 45,00,000 equity shares of Rs.10/- each for cash at a price of Rs.130/- per equity share (including share premium of Rs.120/- per equity share) aggregating Rs.58.50 Crores, (hereinafter referred to as "the issue"). The issue would constitute 34.61% of the fully diluted post issue paid-up capital of the company. Issue Price is Rs.130/- per equity share of face value of Rs.10/- The issue price is 13 times of the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 14-Dec-2007 | 19-Dec-2007 | ₹130.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 50 | Further Multiples of : 50 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 53.02 | SREI Capital Markets Ltd |
| Project Financed through Current Offer | 58.50 | |
| Post Issue Equity Share Capital | 13.00 | |
| Issue Price | 130.00 |
| Projects |
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| New Manufacturing Unit |
| New Manufacturing Unit |
| New Manufacturing Unit |
| Additional Manufacturing Unit |
| Purchase of Plant & Machinery at Existing Factory |
| Capital Expenditure for Mobile Marketing |
| Existing Office Buldg. Renovation&New Office Buldg |
| Investment in Golden Harvest |
| To Meet the Working Capital Requirement |
| To Meet General Corporate Expenes |
| Promoted By |
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| T B Mirchandani |
| Jimmy Mirchandani |
| Rahul Mirchandani |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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