Adeshwar Meditex Ltd - IPO

Adeshwar Meditex Ltd IPO Details

Initial Public issue of upto 39,00,000 equity shares of Rs. 10 each (equity shares) of Adeshwar Meditex Limited (aml or the company) for cash at a price of Rs. 25 per share (the issue price), aggregating to Rs. 9.75 Crores (the issue), of which upto 2,04,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (themarket maker reservation portion). The issue less market maker reservation portion i.e. Issue of upto 36,96,000 Equity shares of Rs. 10 each is hereinafter referred to as the net issue. The issue and the net issue willConstitute 27.02% and 25.61%, 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 2.5 times of the face value.

Objective of issue

Part Repayment of Loans. Funding Working Capital Requirements. General Corporate Purpose.

Adeshwar Meditex Ltd Contact Details

Adeshwar Meditex Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - info@adeshwarmeditex.com

Website - www.adeshwarmeditex.com