IPO Synopsis

Aries Agro Ltd
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
(₹ 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
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
T B Mirchandani
Jimmy Mirchandani
Rahul Mirchandani
Listing At
BSE
NSE
Registrar To The Issue