IPO Synopsis

Aztec Fluids & Machinery Ltd
Registered Office: Part H Plinth 4th Floor,Takshashila Square Maninagar,Ahmedabad-380028, Gujarat
Tel. No: +91 70483 33211
Fax No:
Email: cs@aztecfluids.com
Website: www.aztecindia.org
Initial public offer of upto 36,00,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Aztec Fluids & Machinery Limited (formerly known as Aztec Fluids & Machinery Private Limited) ("The Company" or "AFML" or "The Issuer") at an issue price of Rs. 67 per equity share for cash, aggregating up to Rs. 24.12 crores ("Public Issue") out of which 1,82,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating Rs. 1.22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 34,18,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating upto Rs. 22.90 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.13% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.a
Issue Money Payable On
Opens On Closes On Application Allotment
10-May-2024 14-May-2024 ₹67.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of :2000
(₹ Cr) Lead Managers to the Issue
Project Cost 22.03 Hem Securities Ltd
Project Financed through Current Offer 24.12
Post Issue Equity Share Capital 13.60
Issue Price 67.00
Projects
Funding of the proposed acquisition of equity shares of Jet Inks Pvt Ltd
Repayment of a portion of certain borrowings availed by the company
General corporate purposes
Promoted By
Pulin Kumudchandra Vaidhya
Amisha Pulin Vaidhya
Kumuchandra Bhagwandas Vaidya
Listing At
BSE - SME
Registrar To The Issue