| Ashoka Metcast Ltd |
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| Registered Office: 7th Floor Ashoka Chambers,Opp HCG Hoapitals Mithakhali,Ahmedabad-380006, Gujarat |
| Tel. No: 91-79-26463226 |
| Fax No: 91-79-26463226 |
| Email: info@ashokametcast.in |
| Website: www.ashokametcast.in |
| Public issue of 60,00,000 equity shares of Rs. 10/- each ("equity shares") of Ashoka Metcast Limited ("AML" or the "company") for cash at a price of Rs. 20 per share (the "issue price"), aggregating to Rs. 12.00 crores ("the issue"), of which 3,12,000 equity shares of Rs. 10 each will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 56,88,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 56.02% and 53.10%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 2 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 23-Jan-2018 | 25-Jan-2018 | ₹20.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 6000 | Further Multiples of :6000 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 12.00 | Aryaman Financial Services Ltd |
| Project Financed through Current Offer | 12.00 | |
| Post Issue Equity Share Capital | 10.71 | |
| Issue Price | 20.00 |
| Projects |
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| Investment in subsidiary company - SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements |
| Repayment of loans |
| Funding expenditure for general corporate purposes |
| Promoted By |
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| Shalin Shah |
| Shalin A Shah(HUF) |
| Listing At |
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| BSE - SME |
| Registrar To The Issue |
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