Business Standard

Affle India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

459.00 cr

Price Range (₹)

745

Lot Size

20

Min Investment (₹)

14,900.00

Listing Exchange

MumbaiNSE

Open Date

29-Jul-2019

Close Date

31-Jul-2019

Listing Date

08-Aug-2019

Affle India Ltd News

    The Shares of Affle India Ltd have now been listed.

    Affle India Ltd IPO Details

    Initial public offering of 6,161,073* equity shares of face value of Rs.10 each (equity shares) of Affle (India) Limited (the company or the issuer) for cash at a price of Rs. 745 per equity share including a share premium of Rs. 735 per equity share (the offer price), aggregating to ` 459* crores (the offer) comprising a fresh issue of 1,208,053* equity shares by the company aggregating to Rs. 90 crores (the fresh issue) and an offer for sale of 4,953,020 equity shares aggregating to Rs. 369* crores by Affle Holdings Pte Ltd. The offer constitutes 24.2% of the post-offer paid-up equity share capital of the company. The anchor investor offer price is Rs. 745 per equity share. * subject to finalisation of the basis of allotment. The face value of the equity share is Rs. 10 each. The offer price is 74.5 times the face value of the equity shares.

    Objective of issue

    Funding the Working Capital Requirements of the company. General Corporate Purposes.

    Affle India Ltd Contact Details

    Affle India Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - compliance@affle.com

    Website - www.affle.com