Business Standard

Aztec Fluids & Machinery Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

24.12 cr

Price Range (₹)

67

Lot Size

2000

Min Investment (₹)

1,34,000.00

Listing Exchange

BSE - SME

Open Date

10-May-2024

Close Date

14-May-2024

Listing Date

17-May-2024

Aztec Fluids & Machinery Ltd News

    Aztec Fluids & Machinery Ltd IPO Details

    Initial public offer of upto 36,00,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Aztec Fluids & Machinery Limited (formerly known as Aztec Fluids & Machinery Private Limited) (The Company or AFML or The Issuer) at an issue price of Rs. 67 per equity share for cash, aggregating up to Rs. 24.12 crores (Public Issue) out of which 1,82,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating Rs. 1.22 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e., issue of 34,18,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 67 per equity share for cash, aggregating upto Rs. 22.90 crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 26.47% and 25.13% respectively of the post-issue paid-up equity share capital of the company.*Subject to finalization of basis of allotment.a

    Objective of issue

    Funding of the proposed acquisition of equity shares of Jet Inks Pvt Ltd. Repayment of a portion of certain borrowings availed by the company. General corporate purposes.

    Aztec Fluids & Machinery Ltd Contact Details

    Aztec Fluids & Machinery Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - cs@aztecfluids.com

    Website - www.aztecindia.org