Advanced Sys-Tek Ltd - IPO

Advanced Sys-Tek Ltd IPO Details

Initial public offer of up to [*] equity shares of face value of Rs. 10/- each (Equity Shares) of Advanced Sys-Tek Limited (Company) for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) (Offer Price) aggregating up to Rs. [*] crores (Offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 115.00 crores by its company (Fresh Issue) and an offer for sale of up to 1,527,500 equity shares aggregating up to Rs. [*] crores by the promoter selling shareholders (Offer for Sale) comprising up to 763,750 equity shares aggregating up to Rs. [*] crores by Mukesh R Kapadia and up to 763,750 equity shares aggregating up to Rs. [*] crores by Umed Amarchand Fifadra (Each, a Promoter Selling Shareholder, and Together the Promoter Selling Shareholders, and such Equity Shares, the Offered Shares). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10/- each. The offfer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding the company capital expenditure requirement. Funding its long term working capital requirement. General corporate purposes.

Advanced Sys-Tek Ltd Contact Details

Advanced Sys-Tek Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@advancedsystek.com

Website - www.advancedsystek.com