Aksh Optifibre Ltd - IPO

Aksh Optifibre Ltd IPO Details

1. Public Issue of 59,60,000 equity shares of Rs.5/- each for cash at a premium of Rs 55/- per share ( i.e. price of Rs 60/- per equity share) aggregating Rs 35.76 cr.2. The Issue includes Book Built Portion of 44,70,000 equity shares and Fixed Price Portion of 14,90,000 equity shares3. The Issue is being made through 75% Book Building Scheme wherein atleast 15% of the Issue shall be allocated on a proportionate basis to Non Institutional Investors, subject to valid bids being received at or above the Floor Price, and the Balance Issue shall be allocated to Institutional Investors on a discretionary basis. The Fixed Price Portion shall be alloted on a proportionate basis.

Objective of issue

To increase capacity of Optical Fibre Cables. To increase capacity of Optical Fibre. To increase capacity of Optical Fibre. To increase capacity of Optical Fibre. To increase capacity of Optical Fibre. Backwards integration of Quartz Preforms. Backwards integration of Quartz Preforms. Backwards integration of Quartz Preforms. Backwards integration of Quartz Preforms.

Aksh Optifibre Ltd Contact Details

Aksh Optifibre Ltd, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

Phone - 91-22-28372385

Fax - 91-22-28201783

Email - gaurav@akshoptifibre.com, aksh@akshoptifibre.com

Website - www.akshoptifibre.com