Associated Power Structures Ltd - IPO

Associated Power Structures Ltd IPO Details

Initial public offering of up to [*] equity shares of face value of Rs. 2 each (Equity Shares) of Associated Power Structures Limited (The Company or the Issuer) for cash at a price of Rs. [*] per equity share (Offer Price) aggregating up to Rs. [*] Crore (the Offer). The offer comprises of a fresh issue of up to [*] equity shares of face value of Rs. 2 each by the company aggregating upto Rs. 400 Crore (the Fresh Issue) and an offer for sale of up to 7,142,860 equity shares (the Offered Shares) aggregating up to Rs. [*] Crore (the Offer For Sale), comprising up to 1,428,572 equity shares aggregating up to Rs. [*] Crore by Ajay Mukund Patel, up to 2,857,144 equity shares aggregating up to Rs. [*] Crore by Parag Kothari, and up to 2,857,144 equity shares aggregating up to Rs. [*] Crore by Satish Desai (the Promoter Selling Shareholders). The offer shall constitute [*] % of the post-offer paid-up equity share capital of the company.The face value of the equity shares is Rs. 2 each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot size will be decided by the company.

Objective of issue

Repayment/prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company. General corporate purposes.

Associated Power Structures Ltd Contact Details

Associated Power Structures Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@apsltd.co.in

Website - www.apsltd.co.in