Aaradhya Disposal Industries Ltd - IPO

Aaradhya Disposal Industries Ltd IPO Details

Initial public issue of up to 38,88,000 equity shares of face value of Rs. 10 each (Equity Shares) of the company for cash at a price of Rs. 116 per equity share (including a share premium of Rs. 96 per equity share) (Issue Price) aggregating to Rs. 45.1 crores (Issue /Offer). This issue includes a reservation of up to 1,94,400 equity shares aggregating to Rs. 2.26 crores 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 shall constitute 27.50% and 26.13%, respectively, of the post-issue paid-up equity share capital of the company, respectively.

Objective of issue

Working capital requirements including margin money. To fund the expansion plan of the company i.e Capital exp purchase of plant and machinery and civil work. Prepayment of term loans to banks. General corporate purposes.

Aaradhya Disposal Industries Ltd Contact Details

Aaradhya Disposal Industries Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@aaradhyadisposalindustriesltd.in

Website - www.aaradhyadisposalindustriesltd.in