| AcroPetal Technologies Ltd |
|---|
| Registered Office: #74/75 3rd Cross 1st Main, N S Palya Bannerghatta Road, Bangalore - 560076, Karnataka |
| Phone: 91-80-49084000 |
| Email: corp@acropetal.com |
| Website: www.acropetal.com |
| Public Issue of 18888889 equity shares of Rs. 10/- each at a price of Rs. 90 per equity share (including a premium of Rs. 80 per equity share) for cash aggregating Rs. 170.00 crores (The "Issue"), by AcroPetal Technologies Limited (The "Company" or The "Issuer"). The Issue will constitute 48.57% of the fully diluted post issue paid-up capital of the company. The Net issue to public will constitute 48.57% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 90 per equity shares of face value of Rs. 10 each The issue price is 9 times the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 21-Feb-2011 | 24-Feb-2011 | ₹ 90.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 60.0 Further Multiples of : 60.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 170.00 | Saffron Capital Advisors Pvt Ltd |
| Project Financed through Current Offer | 170.00 | |
| Post Issue Equity Share Capital | 38.89 | |
| Issue Price | ₹90.00 | |
| Projects |
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| To finance the funds required for potential acqui. |
| To set up a Software Devel. Centre cum Corp. Off. |
| Expansion & establishment of overseas offices |
| Part repayment of term loans |
| Additional long term working capital requirements |
| General corporate purposes |
| Promoted By |
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| D Ravi Kumar |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
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