Business Standard

Agro Phos India Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

12.94 cr

Price Range (₹)

22

Lot Size

-

Min Investment (₹)

-

Listing Exchange

NSE - SME

Open Date

27-Oct-2016

Close Date

07-Nov-2016

Listing Date

16-Nov-2016

Agro Phos India Ltd News

    The Shares of Agro Phos India Ltd have now been listed.

    Agro Phos India Ltd IPO Details

    Initial public offer consisting of fresh issue of 58,80,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 22/- per Equity share (including a share premium of Rs. 12/- per equity share) (the issue price) aggregating up to Rs. 12.94 crores (the issue) of which 3,12,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 22/- per equity share, aggregating Rs 0.6864 crores will be reserved for subscription by the market maker to ths issue (the market maker reservation portion). The issue less market maker reservation portion i.e. issue of 55,68,000 equity shares of face value of Rs.10/- each for cash at a price of Rs. 22/- per equity share, aggregating Rs. 12.25 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 29% and 27.46% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of the equity shares of Rs. 10/- eachThe issue price of Rs.22/- each is 2.20 times of the face value of the equity shares.

    Objective of issue

    Repayment/Prepayment of certain borrowings. Working capital requirements. General corporate purposes.

    Agro Phos India Ltd Contact Details

    Agro Phos India Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

    Phone - 91-22-40430200/28470652

    Fax - 91-22-28475207

    Email - investors@agrophos.com

    Website - www.agrophos.com