IPO

AKM Lace & Embrotex Ltd

  • Registered Office: IX/6024 Ram Gali,Subhash Mohalla Gandhi Nagar, Delhi - 110031, Delhi, India. Phone : 91-11-49856126   Fax:91-11-45805612
  • Email : akmlace@gmail.com
  • Website :www.akmlace.com
Public issue of 19,02,000 equity shares of Rs. 10 each ("equity shares") of AKM Lace and Embrotex Limited ("AKMLEL" Or the "company") for cash at a price of Rs. 25 per share (the "issue price"), aggregating to Rs. 4.76 Crores ("the Issue"), of which 1,02,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the Issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 18,00,000 equity shares of Rs. 10 each is hereinafter referred to as the "net issue". The issue and the net issue will Constitute 63.14% and 59.76%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 2.50 times of the face value.
Issue
Opens On Closes On
20-Sep-17 22-Sep-17
Money Payable On
Application Allotment
25.00 0.00
Minimum Application for shares in Nos : 6000 Further Multiples of : 6000
Cr Lead Managers to the Issue
Project Cost (.Cr) 4.76 Aryaman Financial Services Ltd
Project Financed through Current Offer (.Cr) 4.76  
Post Issue Equity Share Capital (.Cr) 3.01
Issue Price () 25.00
Projects
Working capital requirement
General corporate purposes
Promoted By
Anoop Kumar Mangal
Shambhu Dayal Mangal
Anoop Kumar Mangal & Sons HUF
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt