Automark Industries India Ltd - IPO

Automark Industries India Ltd IPO Details

Initial public offering of upto 1,25,00,000 equity shares of Rs. 10 each at a price of Rs. [*] per equity share for cash (including share premium of Rs. [*] per share) aggregating Rs. [*] crores (The Issue). The issue shall constitute 42.60% of the fully diluted post issue capital of the company.Price band: Rs. [*] to Rs. [*] per equity share of face value Rs. 10The floor price is [*] times of the face value and the cap price is [*] times of the face value.

Objective of issue

Purchase of Road Marking Machines & Set up a Plant. Setup of thermoplastic Road Mark. mat. manu. faci.. Investment in subsidiary, namely Automark Tech.(I). Implementation of ERP system in the organization. To part-finance incremental working capital req.. General corporate expenses.

Automark Industries India Ltd Contact Details

Automark Industries India Ltd, Samhita Complex, Plot No 13 AB, Saki Naka Andheri(E), Mumbai-400072

Phone - 91-22-67720300/400

Fax - 91-22-28591568

Email - cs@automark-india.com

Website - www.automark-india.com