Business Standard

Apollo Micro Systems Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

156.00 cr

Price Range (₹)

275

Lot Size

50

Min Investment (₹)

13,750.00

Listing Exchange

MumbaiNSE

Open Date

10-Jan-2018

Close Date

12-Jan-2018

Listing Date

22-Jan-2018

Apollo Micro Systems Ltd News

    The Shares of Apollo Micro Systems Ltd have now been listed.

    Apollo Micro Systems Ltd IPO Details

    Public issue of 57,63,886^ equity shares of face value of Rs. 10 each (equity shares) of Apollo Micro Systems Limited (The company or issuer) For cash at a price of Rs. 275* per equity share including a share premium of Rs. 265 per equity share, aggregating up to Rs. 156 Crores (theissue). The issue and the net issue shall constitute 27.76% and 27.66%, respectivelyof the fully diluted post-issue paid up equity shareCapital of the company. The face value of the equity shares is Rs. 10 each. The issue will comprise the net issue of up to 57,43,886^ equity Shares and the employee reservation portion of up to 20,0000^ equity shares.The Face value of the equity shares is Rs. 10 each. The Issue price is 27.50 times of the face value of the equity shares.A discount of Rs. 12 on the issue price mey be offered to Retail Individual Investors (Retail Discount) and to eligible employees bidding in the employee reservation portion (Employee Discount).

    Objective of issue

    To meet additional working capital requirement of the company. General corporate purposes.

    Apollo Micro Systems Ltd Contact Details

    Apollo Micro Systems Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@apollo-micro.com

    Website - www.apollo-micro.com