| Aanchal Ispat Ltd |
|---|
| Registered Office: Mouza-Chamrail, National HighWay-6 Laiuah, Howrah - 711114, West Bengal |
| Phone: 91-3212-246121 |
| Email: cs@aanchalispat.com |
| Website: www.aanchalispat.com |
| Public issue of 80,04,000 equity shares of face value of Rs. 10 each ("equity shares") of Aanchal Ispat Limited (the "company" or the "issuer") for cash at a price of Rs. 20 per equity share, including a share premium of Rs. 10 per equity share (the "issue price"), aggregating Rs. 16.01 crores ("the issue"), of which 4,08,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 0.82 crores will be reserved for subscription by the market makers to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 75,96,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 20 per equity share, aggregating Rs. 15.19 crores is hereinafter refered to as the "net issue". The issue and the net issue will constitute 38.38% and 36.43% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price of Rs. 20 is 2 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 24-Nov-2014 | 26-Nov-2014 | ₹ 20.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 6000.0 Further Multiples of : 6000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 16.01 | Inventure Merchant Banker Services Pvt Ltd |
| Project Financed through Current Offer | 16.01 | |
| Post Issue Equity Share Capital | 20.85 | |
| Issue Price | ₹20.00 | |
| Projects |
|---|
| Expansion & Modernizing by upgradation of TMT unit |
| Additional working capital requirements |
| Promoted By |
|---|
| Mukesh Goel |
| Manoj Goel |
| Pratik Suppliers Pvt Ltd |
| Listing At |
|---|
| BSE - SME |
| Registrar to the Issue |
|---|
