Active Clothing Co Ltd - IPO

Active Clothing Co Ltd IPO Details

Initial public offering of 40,86,000 equity shares of face value of Rs. 10/- each of Active Clothing Co Limited (accl or the company or the issuer) for cash at a price of Rs. 65 per equity share including share premium of Rs. 55 per equity share (the issue price) aggregating to Rs. 26.56 Crores (the issue), of which 2,06,000 equity shares of face value of Rs. 10 each will for cash at a price of Rs. 65 per equity share including a share premium of Rs. 55 per equity share aggregating to Rs. 1.34 Crores will bereserved 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 38,80,000 equity shares of face value of Rs. 10 each at a price of Rs. 65 per equity share aggregating to Rs. 25.22 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.34% and 25.01 %, respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs. 10 each and the issue price of Rs. 65 is 6.5 time of the face value.

Objective of issue

Working capital requirement. General corporate purposes.

Active Clothing Co Ltd Contact Details

Active Clothing Co Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - rmehra@activesourcing.org

Website - www.activesourcing.org