Astral Ltd - IPO

Astral Ltd IPO Details

Public issue of 29,71,000 equity shares of Rs.10/- each at a price of Rs.115/- per equity share for cash aggregating Rs.34.17 Crores (hereinafter referred to as the issue) including employee reservation of 1,50,000 equity shares aggregating Rs.1.73 Crores (hereinafter referred to as the Employee reservation portion). The issue less the employee reservation portion i.e. 28,21,000 equity shares aggregating Rs.32.44 Crores shall be hereinafter referred to as the net issue or net issue to the public the issue and the net issue would constitute 26.44% and 25.10% of the post issue paid-up capital of the company respectively.Issue Price is Rs.115/- per equity shareThe issue price is 11.5 times of the face value

Objective of issue

To part Finance the expansion Project(Phase II). To Part Fin. incremental working Cap. requirments.

Astral Ltd Contact Details

Astral Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - co@astralltd.com

Website - www.astralltd.com