Business Standard

Adjia Technologies Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

2.00 cr

Price Range (₹)

74

Lot Size

1600

Min Investment (₹)

1,18,400.00

Listing Exchange

BSE - SME

Open Date

02-Mar-2021

Close Date

05-Mar-2021

Listing Date

15-Mar-2021

Adjia Technologies Ltd News

    The Shares of Adjia Technologies Ltd have now been listed.

    Adjia Technologies Ltd IPO Details

    Initial public issue of 2,70,400 Equity shares of face value of Rs. 10 each (Equity Shares) of Adjia Technologies Ltd (The Issuer Or The Company) for cash at a price of Rs. 74/- per equity share (Including a share premium of Rs. 64/- per equity share) (The Issue price) aggregating Rs. 2 Crores (The Issue) of which 14,400 equity shares of face value Rs. 10/- each for cash at a price of Rs. 74/- per equity share, Aggregating Rs. 0.11 Crores will be reserved for subscription by the market maker (The Market Maker Reservaton portion). The Issue less the market maker reservation portion i.e. Issue of 2,56,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 74/- per equity shae aggregating to Rs. 1.89 Crores (Is hereinafter Referred to as the Net Issue). The Issue and the net issue will constitute 30.71% and 29.08%, Rspectively of the post issue paid up Equity share capital of the company. The Face Value of the Equity Share is Rs. 10/- each and The issue price is Rs. 74/-.The Issue Price is 7.4 times of the face value.

    Objective of issue

    Funding Purchases of Equipment. Marketing Initiative. General Corporate Purposes.

    Adjia Technologies Ltd Contact Details

    Adjia Technologies Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - info@adjiatechnologies.com

    Website - www.adjiatechnologies.com