:::LALKAR GROUP::::

Ashoka Metcast Ltd

Registered Office: 7th Floor Ashoka Chambers,Opp HCG Hoapitals Mithakhali, Ahmedabad - 380006, Gujarat, India.
Phone : 91-79-26463226 Fax:91-79-26463226
Email : info@ashokametcast.in
Website : www.ashokametcast.in

Public issue of 60,00,000 equity shares of Rs. 10/- each ("equity shares") of Ashoka Metcast Limited ("AML" or the "company") for cash at a price of Rs. 20 per share (the "issue price"), aggregating to Rs. 12.00 crores ("the issue"), of which 3,12,000 equity shares of Rs. 10 each will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 56,88,000 equity shares of Rs. 10/- each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 56.02% and 53.10%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 2 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
23-Jan-18	25-Jan-18	20.00-0.00	0.00-0.00

Minimum Application for shares in Nos : 6000 Further Multiples of : 6000

	(Rs)	Lead Managers to the Issue
Project Cost	12.00	Aryaman Financial Services Ltd
Project Financed through Current Offer	12.00
Post Issue Equity Share Capital	10.71
Issue Price	20.00

Projects

Investment in subsidiary company - SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements	Repayment of loans
Funding expenditure for general corporate purposes

Promoted By

Shalin Shah

Shalin A Shah(HUF)

Listing At

BSE - SME

Registrar to the Issue

No Data Available