Business Standard

AIA Engineering Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

148.05 cr

Price Range (₹)

315

Lot Size

20

Min Investment (₹)

6,300.00

Listing Exchange

MumbaiNSE

Open Date

17-Nov-2005

Close Date

22-Nov-2005

Listing Date

14-Dec-2005

AIA Engineering Ltd News

    The Shares of AIA Engineering Ltd have now been listed.

    AIA Engineering Ltd IPO Details

    Public Issue of 47,00,000 equity shares of Rs. 10 each at a price of Rs. 315 for cash aggregating Rs. 148.05 crores(hereinafter referred to as the Issue). The Issue would constitute 26.44 % of the fully diluted post issue paid-up capital of the Company. Employee Reservation 1,88,000 Equity shares. Net offer to the public shall be 45,12,000 Equity shares.The face value of the equity shares is Rs. 10 each and the issue price is 31.5 times of the face value.

    Objective of issue

    Mfg facility for Chrome Mill Internal at Changodar.

    AIA Engineering Ltd Contact Details

    AIA Engineering Ltd, Bldg No C-13 1st Flr, K Maganlal Indl Estt, L B S Marg Bhandup-W, Mumbai - 400 078

    Phone - 91-22-25663838

    Fax - 91-22-25946969

    Email - ric@aiaengineering.com, snj@aiaengineering.com

    Website - www.aiaengineering.com