Aakarshit Ice & Cold Storage Ltd - IPO

Aakarshit Ice & Cold Storage Ltd IPO Details

Public issue of 25,00,000 equity shares of face value of Rs. 10 each of Aakarshit Ice and Cold Storage Limited (aicsl or the company or the issuer) for cash at a price of Rs. (*) per equity share including a share premium of Rs. (*) per equity share (the issue price) aggregating to Rs. (*) Crores (the issue), of which 1,40,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. (*) per equity share including a share premium of Rs. (*) per equity share aggregating to Rs. (*) Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Net issue of 23,60,000 equity shares of face value of Rs. 10 each at a price of Rs. (*) per equity share including a share premium of Rs. (*) per equity share aggregating to Rs. (*) Crores is herein after referred to as the net issue. The issue and the net issue will constitute 45.20% and 42.67% respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each and the issue price is Rs. (*). The issue price is (*) times of the face value.

Objective of issue

To Meet the Working Capital Requirements. General Corporate Purposes.

Aakarshit Ice & Cold Storage Ltd Contact Details

Aakarshit Ice & Cold Storage Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@aakarshiticeandcoldstorage.com

Website - www.aakarshiticeandcoldstorage.com