Apsis Aerocom Ltd - IPO

Apsis Aerocom Ltd IPO Details

Initial public issue of upto 32,52,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Apsis Aerocom Limited (Apsis or The Company or The Issuer) at an issue price of Rs. 110 per equity share (including share premium of Rs. 100 per equity share) for cash, aggregating up to Rs. 35.77 crores (Public Issue) out of which 1,65,600 equity shares of face value of Rs.10/- each, at an issue price of Rs. 110 per equity share for cash, aggregating Rs. 1.82 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 30,86,400 equity shares of face value of Rs.10/- each, at an issue price of Rs. 110 per equity share for cash, aggregating upto Rs. 33.95 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute [*] % and [*] % respectively of the post- issue paid-up equity share capital of the company.Price Band: Rs. 104 to Rs. 110 per equity share of face value of Rs. 10 each.The floor price is 10.4 times of the face value of the equity shares and the cap price is 11.0 times of the face value of the equity shares. Bids can be made for minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Objective of issue

Funding Capital Expenditure towards purchase of Machinery. General Corporate Purpose.

Apsis Aerocom Ltd Contact Details

Apsis Aerocom Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

Phone - 91-80-23460815-818

Fax - 91-80-23460819

Email - cs@apsisaerocom.com

Website - https:, apsisaerocom.com