Business Standard

Aravali Infrapower Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

150.00 cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

Aravali Infrapower Ltd News

    Aravali Infrapower Ltd IPO Details

    Public issue of [*] equity shares of Rs. 10 each of Aravali Infrapower Limited (Aravali or The Company or The Issuer) for cash at a price of Rs. [*] per equity share (Issue Price) including share premium of Rs. [*] per equity share aggregating to Rs. 150.00 crores (The Issue). The issue comprises a net issue of [*] equity shares (The Net Issue) and a reservation of 50,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The issue will constitute [*]% of the fully diluted post issue paid up capital of the company.

    Objective of issue

    Procurement of Equipments / Machineries. To augment working capital resources. For general corporate purposes.

    Aravali Infrapower Ltd Contact Details

    Aravali Infrapower 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 - ipo@aravaliinfrapower.com

    Website - www.aravaliinfrapower.com