Business Standard

Ankita Knit Wear Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

25.00 cr

Price Range (₹)

25

Lot Size

200

Min Investment (₹)

5,000.00

Listing Exchange

Mumbai

Open Date

-

Close Date

-

Listing Date

-

Ankita Knit Wear Ltd News

    Ankita Knit Wear Ltd IPO Details

    Public issue of 1,00,00,000 equity shares of Rs. 10/- each issued for cash at a premium of Rs.15 /- per equity share i.e. at a price of Rs. 25/- (Rupees Twenty-Five only) per equity share aggregating to Rs. 25.00 Crores (the Issue or the net Issue) by Ankita Knit Wear Limited ('the company' or 'the issuer'). The face value of the share is Rs. 10/- each and the issue price is 2.5 times of the face value. The issue to the public will constitute 48.52% of the fully diluted post-issue equity share capital of the company. The issue is being made in terms of regulation 26(1) (a), (b), (c) and (d) of SEBI (ICDR) regulations, 2009. In addition to this, the project has participation by state bank of india, the appraiser of the project, to the extent of 44.44% of the total project cost. In case of delay, if any in refund, our company shall pay interest on the application money at the rate of 15% per annum for the period of delay.

    Objective of issue

    To increase the volume of prod. in knitting div..

    Ankita Knit Wear Ltd Contact Details

    Ankita Knit Wear 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 - info@ankitafashion.com

    Website -