Artemis Electricals & Projects Ltd
Registered Office:
Artemis Complex Gala No. 105 &,108 National Exp. Way Vasai(E),
Thane
-
401208,
Phone : 91-22-29275032
Fax : 91-22-29275062
Initial Public Issue of 70,00,000 equity shares of face value of (Rs) 10 each ("equity shares") of Artemis Electricals Limited ("the company" or the "issuer") for cash at a price of (Rs) 60 per equity share (the "issue price"), (including a premuim of (Rs) 50 per equity share), aggregating (Rs) 42 Crores ("the issue"), of which 3,56,000 equity shares of face value of (Rs) 10 for cash at a price of (Rs) 60 each aggregating (Rs) 2.14 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 66,44,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 60 per equity share, aggregating to (Rs) 39.86 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.34 and 26.89 respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10 each.
The issue price is (Rs)60 and is 6 times the face value of the equity shares.
Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Opens On
Closes On
Application
Allotment
24-Apr-19
06-May-19
60.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
42.00
Fedex Securities Pvt Ltd
Project Financed through Current Offer
42.00
Post Issue Equity Share Capital
24.70
Long Term Working Capital Requirements
Purchase of Machinery / Equipment
General Corporate Purposes
Pravin Kumar Agarwal
M/S Yashvikram Infrast.Pvt Ltd