IPO

Ambition Mica Ltd

Further public offer consisting of fresh issue of upto 30,00.000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 42 per equity share (the "issue price*') (including a share premium of Rs. 32 per equity share) aggregating up to Rs. 12.60 Crores (the "issue"), of which 1,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 42/- per equity share aggregating Rs. 0.66 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 28,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 42/- per equity share aggregating Rs. 11.94 Crores is hereinafter refered to as the "net issue". The issue .and the net issue will constitute 20.10% and 19.06% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of equity shares is Rs.10/- each. The issue price is Rs.42/- and is 4.2 times the face value of the equity shares.
Issue
Opens On Closes On
16-Nov-17 21-Nov-17
Money Payable On
Application Allotment
42.00 0.00
Minimum Application for shares in Nos : 3000 Further Multiples of : 3000
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 12.60  
Post Issue Equity Share Capital (.Cr) 14.92
Issue Price () 42.00
Projects
Working capital requirement
General corporate purpose
Promoted By
Veljibhai Patel
Govindbhai Patel
Listing At
BSE - SME
Registrar to the Issue
Karvy Computershare Pvt Ltd