Aditya Vision Ltd - IPO

Aditya Vision Ltd IPO Details

Public issue of 38,40,000 equity shares of Rs. 10 each (equity shares) of Aditya Vision Ltd (AVL) or the company or the issuer) for cash at a price of Rs. 15 per share (the issue price), aggregating to Rs. 5.76 crores (the issue) of which 2,08,000 equity shares of Rs. 10 each will be reserved for subscribtion by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 36,32,000 equity shares of Rs.10 each is hereinafter referred to as the net issue. The issue and the net issue will constitute 27.21% and 25.74%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each andThe issue price of Rs. 15 is 1.50 times of the face value.

Objective of issue

To meet the working capital requirements. General corporate expenses.

Aditya Vision Ltd Contact Details

Aditya Vision Ltd, Subramanian Building, 1ST Floor No 1, Club House Road, Chennai - 600002

Phone - 91-44-28462700

Fax - 91-44-28460129

Email - cs@adityavision.in, cfo@adityavision.in

Website - www.adityavision.in