IPO

A & M Febcon Ltd

Public issue of 37,12,000 equity shares of face value of Rs. 10 each of A & M Febcon Limited (The "Company" or The "Issuer") for cash at a price of Rs.18 per equity share including a share premium of Rs. 8 per equity share (The "Issue Price") aggregating to Rs. 6.68 crores/- ("The Issue"), of which 1,92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs.18 per equity share including a share premium of Rs. 8 per equity share aggregating to Rs. 0.35 Crores will be reserved for subscription by market maker to the issue (The "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 35,20,000 equity shares of face value of Rs. 10/- each at a price of Rs. 18 per equity share aggregating to Rs. 6.34 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 40.56% and 38.46% respectively of the 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 is 1.8 times of the face value.
Issue
Opens On Closes On
01-Sep-17 06-Sep-17
Money Payable On
Application Allotment
18.00 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
Cr Lead Managers to the Issue
Project Cost (.Cr) 6.68 Gretex Corporate Services Pvt Ltd
Project Financed through Current Offer (.Cr) 6.68  
Post Issue Equity Share Capital (.Cr) 9.15
Issue Price () 18.00
Projects
To meet working capital requirement
General corporate purpose
Promoted By
Zalak Purveshbhai Parikh
Renukaben Rameshbhai Shah
Listing At
BSE - SME
Registrar to the Issue
Karvy Computershare Pvt Ltd