Access Point India Ltd - IPO

Access Point India Ltd IPO Details

Initial public issue of upto 34,00,000 equity shares of Rs. 10/- each (equity shares) of Access Point India Limited (access point or the company or the issuer) for cash at a price of Rs. [*]/- per equity share (including a premium of Rs. [*]/- per equity share) (issue price) aggregating to Rs. [*] crores comprising of fresh issue of up to [*] equity shares aggregating to Rs. [*] (the issue) of which up to [*] equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of up to [*] equity shares of face value of Rs.10/- each at an issue price of Rs. [*] per equity share aggregating to Rs. [*] crores (net issue). The issue and the net issue will constitute [*]% and [*]% 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 Working Capital Requirements. Development of Comprehensive Business Management Software. Funding of capital expenditure towards purchase of computers and tablet. Funding of capital expenditure towards setting up of Furniture manufacturing facility. General corporate purposes.

Access Point India Ltd Contact Details

Access Point India Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@myaccessp.net

Website - https:, www.myaccessp.net