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Aastha Spintex Ltd
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info@aasthaspintex.com Website:www.aasthaspintex.com
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Initial public offering of up to 1,25,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Aastha Spintex Limited (the "Company" or the "Issuer" for cash at a price of Rs. 136 per equity share (including a share premium of Rs. 126 per equity share) (the "Issue Price") aggregating up to Rs. 170.00 Crores ("Issue"). The issue shall constitute [*] % of the post-issue paid-up equity share capital of the company.
Price Band: Rs. 136 per equity share of face value of Rs. 10 each.
The floor price is 13.60 times the face value of the equity shares.
Bids can be made for a minimum of 110 equity shares and in multiples of 110 equity shares thereafter.
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Aastha Spintex Ltd
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Rs Cr |
Lead Managers to the Issue |
| 161.98 |
| BOI Merchant Bankers Limited |
| PNB Investment Services Limited |
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| 170.00 |
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| 44.14 |
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| Rs.
136.00
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| Projects |
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Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited
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Inter-Corporate deposits for funding working capital requirement of Falcon Yarns Private Limited
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General corporate purposes
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| Patel Divyang Jashwantbhai |
| Rasiklal Valjibhai Patel |
| Gothi Vivek Rasiklal |
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| Bigshare Services Pvt Ltd |
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