Acme Universal Safezone 9 Ltd - IPO

Acme Universal Safezone 9 Ltd IPO Details

Initial public offer of upto 50,60,800 equity shares of face value of Rs. 10/- each (the Equity Shares) of Acme Universal Safezone 9 Limited (The Company or The Issuer) at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores comprising of fresh issue of upto 50,60,800 equity shares aggregating up to Rs. [*] Crores by the company (Fresh Issue) of which 2,54,400, equity share aggregating to Rs. [*] Crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The issue less market maker reservation portion i.e. Net issue 48,06,400 equity shares of face value of Rs. 10/- each, at price of Rs. [*] per equity share aggregating to Rs. [*] Crores is herein after referred to as the Net Issue. The issue and net issue will constitute 26.50% and 25.17 % respectively of the post- issue paid-up equity share capital of the company.Price Band: Rs. 65/- to Rs. 71/- for equity share of face value of Rs. 10 each.The floor price is 6.5 times times the face value and cap price is 7.1 times of the face value of the equity shares.Bids can made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.

Objective of issue

Funding capital expenditure requirements for the installation of solar power plant. Funding capital expenditure requirements towards installation of additional machinery. Funding incremental working capital requirements of the Company. Funding inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes.

Acme Universal Safezone 9 Ltd Contact Details

Acme Universal Safezone 9 Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - compliance@acmeuniversal9.com

Website - www.acmeuniversal9.com