Business Standard

Asahi Songwon Colors Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

33.50 cr

Price Range (₹)

90

Lot Size

60

Min Investment (₹)

5,400.00

Listing Exchange

Mumbai

Open Date

09-May-2007

Close Date

15-May-2007

Listing Date

04-Jun-2007

Asahi Songwon Colors Ltd News

    The Shares of Asahi Songwon Colors Ltd have now been listed.

    Asahi Songwon Colors Ltd IPO Details

    Public Issue of 37,22,222 Equity Shares of face Value of Rs.10/- each issued at a price of Rs.90/- per share for cash at premium aggregating to Rs.33.50 Crores (The Issue). The issue to the public constitute 30.33% of the fully diluted Post issue paid-up capital of the company.Issue Price is Rs.90/- per equity share of face value Rs.10/-eachIssue price is 9.0 times of the face value

    Objective of issue

    Exp. of CPC Blue Crude capacity 3600 to 10800 TPA. Setting up 1200 TPA Pigment Beta Blue Plant. Setup Captive Power Plant of 2MW Capacity.

    Asahi Songwon Colors Ltd Contact Details

    Asahi Songwon Colors Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - cs@asahisongwon.com

    Website - www.asahisongwon.com