Achyut Healthcare Ltd - IPO

Achyut Healthcare Ltd IPO Details

Public issue of 18,00,000 equity shares of face value Rs. 10 each (Equity Shares) of Achyut Healthcare Limited (the Company or the Issuer) for cash at a price of Rs. 20.00 per equity share (including a securities premium of Rs. 10.00 per equity share) (the Issue Price), aggregating Rs. 3.60 crores (Issue) of the issue, 96,000 equity shares aggregating to Rs. 0.19 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 17,04,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 20.00 per equity share aggregating to Rs. 3.41 crores is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 26.70% and 25.28%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 each and the issue price is Rs. 20, the issue price is 2 times of the face value.Bid can be made for minimum of 6000 equity shares and in multiples of 6000 equity shares thereafter.

Objective of issue

Funding Purchase of Machinries & Equipments. Generl Corporate Purpose.

Achyut Healthcare Ltd Contact Details

Achyut Healthcare Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@achyuthealthcare.com

Website - www.achyuthealthcare.com