Acetech E-Commerce Ltd - IPO

Acetech E-Commerce Ltd IPO Details

Initial public offer of 43,70,400 equity shares of face value of Rs.10.00 each (the Equity Shares) of Acetech E-Commerce Limited (the Company or the Issuer) at an offer price of Rs.112 per equity share for cash aggregating up to Rs. 48.95 Crores. The offer includes a reservation of 2,19,600 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 112 per equity share for cash, aggregating Rs. 2.46 Crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. Net offer of up to 41,50,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 112 per equity share for cash, aggregating up to Rs. 46.49 Crores is herein after referred to as the Net Offer. Price Band: Rs. 112 per equity share of face value Rs. 10/- each.The floor price is 11.2 times of the face value of the equity shares.Bids can be made for a minimum of 2400 equity shares and in multiples of 1200 equity shares thereafter.

Objective of issue

Marketing and Advertisement Expenditure. Working Capital Requirements. General Corporate Purpose.

Acetech E-Commerce Ltd Contact Details

Acetech E-Commerce Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 011 - 26812682 / 83

Fax - 011 - 26812682

Email - info@acetechcommerce.com

Website - www.acetechcommerce.com