Artedz Fabs Ltd - IPO

Artedz Fabs Ltd IPO Details

Initial public offer consisting of fresh issue of 23,10,000 equity shares of face value of Rs. 10/- each fully paid for cash at a price of Rs. 36 per equity share (The Issue Price) (including a share premium of Rs. 26 per equity share) aggregating Rs. 8.32 crores (The Issue), of which 1,20,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36 per equity share, aggregating Rs. 0.43 crores will be reserved for subscription by the market maker to the issue (The Market maker reservation portion). The issue less market maker reservation portion i.e. Net issue of 21,90,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 36 per equity share, aggregating Rs. 7.88 crores is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.99% and 25.58% respectively of the fully diluted post issue paid up equity share capital of the company.The face value of equity shares is Rs.10 each.The issue price is Rs.36 and is 3.6 times the face value of the equity shares.

Objective of issue

Funding the working capital requirements of the company. General Corporate Purposes.

Artedz Fabs Ltd Contact Details

Artedz Fabs Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@artedzfabs.com

Website - www.artedzfabs.com