Business Standard

Ace Integrated Solutions Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

7.20 cr

Price Range (₹)

40

Lot Size

3000

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

29-Jun-2017

Close Date

05-Jul-2017

Listing Date

13-Jul-2017

Ace Integrated Solutions Ltd News

    The Shares of Ace Integrated Solutions Ltd have now been listed.

    Ace Integrated Solutions Ltd IPO Details

    Public issue of 18,00,000 equity shares of face value of Rs. 10 each fully paid up of Ace Integrated Solutions Limited (AISL or The Company or The Issuer) for cash at a price of Rs. 40 per equity share (The Issue Price) (including a share premium of Rs. 30 per equity share aggregating Rs. 7.20 crores (The issue) by the company, of which 90,000 equity shares of Rs. 40 fully paid up each will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,10,000 equity shares of Rs. 40 each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.47% and 25.15% respectively of the post issue paid up equity share capital of the company.The Face value of the equity share is Rs. 10 each. The Issue price is Rs. 40. The Issue price is 4 times the face value.

    Objective of issue

    Working capital requirement. General corporate purposes.

    Ace Integrated Solutions Ltd Contact Details

    Ace Integrated Solutions Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - cs@aceintegrated.com

    Website - www.aceintegrated.com