Absolute Project (India) Ltd - IPO

Absolute Project (India) Ltd IPO Details

Initial public offering of up to 2,00,00,000 of Rs.2/- each (equity shares) of Absolute Projects (India) Limited (the company or the issuer) for cash at a price of [*] per equity share (including a securities premium of Rs.[*] per equity share) (issue price) aggregating up to Rs.[*] crores (the issue). The issue will constitute [*]% of the post-issue paid-up equity share capital.The face value of the equity shares is Rs.2/- each and the issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding capital expenditure towards procurement. Repayment or pre-payment, in part or full of certain borrowings availed by its Company. Funding of working capital requirement of the Company. General corporate purposes.

Absolute Project (India) Ltd Contact Details

Absolute Project (India) Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@apil-online.com

Website - www.apil-online.com