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IPO Synopsis |
Aeron Composites Ltd |
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Registered Office:
Saket Ind.Estate Plot No.30/31,Sarkhej Bavla H.Ways Changodar,
Ahmedabad -
382213,
Gujarat, India.
Phone : +91 99099 88266 Fax:
Email : cs@aeroncomposite.com
Website : www.aeroncomposite.com
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Initial public offer of upto 44,88,000 equity shares of face value of
Rs. 10/- each (the "Equity Shares") of Aeron Composite Limited ("The Company" or "The Issuer") at an issue price of Rs. 125 per equity share (including share premium of Rs. 115 per equity share) for cash, aggregating up to Rs. 56.10 crores ("Public Issue") out of which 2,28,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating Rs. 2.85 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion") and upto 2,10,000 equity shares Aggregating up to Rs. 2.63 crores for subscription by eligible employees (As defined Hereinafter) (The "Employee Reservation Portion"). The public issue less market maker reservation portion and Employee Reservation Portion i.e. issue of 40,50,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 125 per equity share for cash, aggregating upto Rs. 50.63 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.37% and 23.80% respectively of the post-issue paid-up equity share capital of the company.
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Issue |
Money Payable On |
Opens On |
Closes On |
Application |
Allotment |
28-Aug-24 |
30-Aug-24 |
125.00-0.00 |
0.00-0.00 |
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Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
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Rs Cr |
Lead Managers to the Issue |
Project Cost |
0.00 |
Hem Securities Ltd
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Project Financed through Current Offer |
56.10 |
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Post Issue Equity Share Capital |
17.02 |
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Issue Price |
125.00 |
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Projects |
Funding the capital expenditure requirements towards setting up of an additional mfg unit
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General corporate purposes
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Promoted By |
Dilipkumar Ratilal Patel |
Chirag Chandulal Patel |
Pankaj Shantilal Dadhaniya |
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Registrar to the Issue |
No Data Available |
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