Aggcon Equipments International Ltd - IPO

Aggcon Equipments International Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Re. 1/- each (Equity Shares) of Aggcon Equipments International Limited (the Company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs.[*] (Offer). The offer comprising of a fresh issue of up to [*] equity shares aggregating up to Rs. 332.04 crores (the Fresh Issue) and an offer for sale of up to 9,400,000 equity shares aggregating up to [*] crores, comprising of 5,400,000 equity shares aggregating up to [*] crores by Jitender Aggarwal and up to 4,000,000 equity shares aggregating up to [*] crores by Renu Aggarwal (the Offer for Sale). The offer will constitute [*]% of the post-offer paid-up equity share capital. The company, in consultation with the brlm, may consider an issue of specified securities, as may be permitted under applicable law, to any person(s), aggregating up to Rs. 66.40 crores at its discretion, prior to filing of the (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlm. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the scrr. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken).The face value of the equity share is Re. 1/- each. The offer 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

Repayment/ prepayment, in full or part, of certain borrowings availed by our Company. Capital expenditure towards purchase of equipment. General corporate purposes.

Aggcon Equipments International Ltd Contact Details

Aggcon Equipments International Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@aggconequipments.in

Website - www.aggconequipments.com