Business Standard

Aayush Art and Bullion Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

4.76 cr

Price Range (₹)

25

Lot Size

6000

Min Investment (₹)

1,50,000.00

Listing Exchange

BSE - SME

Open Date

20-Sept-2017

Close Date

22-Sept-2017

Listing Date

29-Sept-2017

Aayush Art and Bullion Ltd News

    The Shares of Aayush Art and Bullion Ltd have now been listed.

    Aayush Art and Bullion Ltd IPO Details

    Public issue of 19,02,000 equity shares of Rs. 10 each (equity shares) of AKM Lace and Embrotex Limited (AKMLEL Or the company) for cash at a price of Rs. 25 per share (the issue price), aggregating to Rs. 4.76 Crores (the Issue), of which 1,02,000 equity shares of Rs. 10 each will be reserved for subscription by market makers to the Issue (the market maker reservation portion). The issue less market maker reservation portion i.e. Issue of 18,00,000 equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue will Constitute 63.14% and 59.76%, respectively of the post issue paid up equity share capital of the company.The face value of the equity share is Rs. 10 and the issue price is 2.50 times of the face value.

    Objective of issue

    Working capital requirement. General corporate purposes.

    Aayush Art and Bullion Ltd Contact Details

    Aayush Art and Bullion Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - akmlace@gmail.com

    Website - www.akmlace.com