IPO Synopsis

Astec Lifesciences Ltd
Registered Office: GodrejOne 3rd Fl Pirojshanagar,Vikhroli (E) Eastern Exp Highw,Mumbai-400079, Maharashtra
Tel. No: 91-22-25188010
Fax No: 91-22-22618289
Email: ipo@godrejastec.com; astecinfo@godrejastec.com; as
Website: www.godrejastec.com
Public issue of 75,00,000 equity shares of Rs.10/- each for cash at a price of Rs. 82 per equity share, aggregating Rs. 61.50 Crores (the "issue"). The issue comprises a reservation of 1,00,000 equity shares of Rs. 10/- each aggregating Rs. 0.82 Crores for subscription by eligible employees (the "employee reservation portion") at the issue price, and net issue of 74,00,000 equity shares of Rs. 10/- each aggregating Rs. 60.68 Crores. The issue constitutes 44.30% of the fully diluted post issue paid-up capital of the company. The issue price is 8.2 times the face value of equity shares
Issue Money Payable On
Opens On Closes On Application Allotment
29-Oct-2009 04-Nov-2009 ₹82.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 75 Further Multiples of :75
(₹ Cr) Lead Managers to the Issue
Project Cost 64.50 Almondz Global Securities Ltd
Project Financed through Current Offer 61.50 IDBI Capital Market Services Ltd
Post Issue Equity Share Capital 16.93
Issue Price 82.00
Projects
Expn of Existing Manufacturing Facilities
Expn of Existing R & D Facility
Contingencies @ 2.5% of the Expansion Projects
Meeting Product Registration Expenses
Meeting Long Term Working Capital requirements
General Corporate Purposes
Promoted By
Ashok Hiremath
P L Tiwari
Listing At
BSE
NSE
Registrar To The Issue