Business Standard

Astral Ltd - IPO

Issue Type

Public Issue

Issue Size (₹ Cr.)

34.17 cr

Price Range (₹)

115

Lot Size

50

Min Investment (₹)

5,750.00

Listing Exchange

MumbaiNSE

Open Date

14-Feb-2007

Close Date

22-Feb-2007

Listing Date

20-Mar-2007

Astral Ltd News

    The Shares of Astral Ltd have now been listed.

    Astral Ltd IPO Details

    Public issue of 29,71,000 equity shares of Rs.10/- each at a price of Rs.115/- per equity share for cash aggregating Rs.34.17 Crores (hereinafter referred to as the issue) including employee reservation of 1,50,000 equity shares aggregating Rs.1.73 Crores (hereinafter referred to as the Employee reservation portion). The issue less the employee reservation portion i.e. 28,21,000 equity shares aggregating Rs.32.44 Crores shall be hereinafter referred to as the net issue or net issue to the public the issue and the net issue would constitute 26.44% and 25.10% of the post issue paid-up capital of the company respectively.Issue Price is Rs.115/- per equity shareThe issue price is 11.5 times of the face value

    Objective of issue

    To part Finance the expansion Project(Phase II). To Part Fin. incremental working Cap. requirments.

    Astral Ltd Contact Details

    Astral 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 - co@astralltd.com

    Website - www.astralltd.com