IPO Synopsis

Aaron Industries Ltd
Registered Office: B-65 & 66 1st Floor,Jawahar Road No 4 Udhayog Nagr,Surat-394210, Gujarat
Tel. No: 91-261-2278410
Fax No:
Email: info1@aaronindustriesltd.net
Website: www.aaronindustries.net
Initial public issue of upto 12,57,000 equity shares of face value of Rs.10.00 each ("equity shares") of Aaron Industries Limited (the "company" or the "issuer") for cash at a price of Rs.38.00 per equity share, including a share premium of Rs.28.00 per equity share (the "issue price"), aggregating Rs.4.78 Crores ("the issue"), of which 63,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.0.24 Crores will be reserved for the market maker to the issue (the "market maker reservation portion"). The public issue less market maker reservation portion i.e. Net issue to public will be 11,94,000 equity shares of face value of Rs.10.00 each for cash at a price of Rs.38.00 per equity share, aggregating Rs.4.54 Crores is hereinafter refered to as the "net issue". The public issue and the net issue will constitute 26.28%and 24.96% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each and The issue price of Rs.38 is 3.8 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
20-Aug-2018 24-Aug-2018 ₹38.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of :3000
(₹ Cr) Lead Managers to the Issue
Project Cost 4.78 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer 4.78
Post Issue Equity Share Capital 4.78
Issue Price 38.00
Projects
To Set up a new Line of Business in Expansion Plan
To Meet Working Capital Requirements
Promoted By
Amar Chinubhai Doshi
Karan Amar Doshi
Monish Amar Doshi
Listing At
NSE - SME
Registrar To The Issue