Aries Agro Ltd - IPO

Aries Agro Ltd IPO Details

Initial public issue of 45,00,000 equity shares of Rs.10/- each for cash at a price of Rs.130/- per equity share (including share premium of Rs.120/- per equity share) aggregating Rs.58.50 Crores, (hereinafter referred to as the issue). The issue would constitute 34.61% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.130/- per equity share of face value of Rs.10/-The issue price is 13 times of the face value

Objective of issue

New Manufacturing Unit. New Manufacturing Unit. New Manufacturing Unit. Additional Manufacturing Unit. Purchase of Plant & Machinery at Existing Factory. Capital Expenditure for Mobile Marketing. Existing Office Buldg. Renovation&New Office Buldg. Investment in Golden Harvest. To Meet the Working Capital Requirement. To Meet General Corporate Expenes.

Aries Agro Ltd Contact Details

Aries Agro Ltd, 1-2-285 Domalguda, , , Hyderabad - 500 029

Phone - 91-040-27638111/4445

Fax - 91-040-27632184

Email - ariesagro@ariesagro.com

Website - www.ariesagro.com