Apar Advertisers Ltd - IPO

Apar Advertisers Ltd IPO Details

Initial public offering of up to 25,00,000 equity shares of face value of Rs.10.00 each (equity shares) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (issue price) aggregating to Rs. [*] crores (the issue). The issue will constitute [*] % of the post-issue paid up equity share capital of the company. The issue included a reservation of up to [*] equity shares aggregating to Rs. [*] crores (constituting up to [*] % of the post issue paid-up equity share capital of the company) for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion is hereinafter referred to as the net issue. The issue and the net issue will constitute [*] % and [*] % respectively, of the post- issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Capital expenditure towards the conversion of existing billboards into digital billboards. Funding inorganic growth through unidentified acquisitions and General corporate purposes.

Apar Advertisers Ltd Contact Details

Apar Advertisers Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@aparadvertisers.com

Website - www.aparadvertisers.com