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A & M Febcon Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

6.68 cr

Price Range (₹)

18

Lot Size

6000

Min Investment (₹)

1,08,000.00

Listing Exchange

BSE - SME

Open Date

01-Sept-2017

Close Date

06-Sept-2017

Listing Date

14-Sept-2017

Latest IPO News

    The Shares of A & M Febcon Ltd have now been listed.

    A & M Febcon Ltd IPO Details

    Public issue of 37,12,000 equity shares of face value of Rs. 10 each of A & M Febcon Limited (The Company or The Issuer) for cash at a price of Rs.18 per equity share including a share premium of Rs. 8 per equity share (The Issue Price) aggregating to Rs. 6.68 crores/- (The Issue), of which 1,92,000 equity shares of face value of Rs. 10 each for cash at a price of Rs.18 per equity share including a share premium of Rs. 8 per equity share aggregating to Rs. 0.35 Crores will be reserved for subscription by market maker to the issue (The Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. Net issue of 35,20,000 equity shares of face value of Rs. 10/- each at a price of Rs. 18 per equity share aggregating to Rs. 6.34 Crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 40.56% and 38.46% 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 1.8 times of the face value.

    Objective of issue

    To meet working capital requirement. General corporate purpose.

    A & M Febcon Ltd Contact Details

    A & M Febcon Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - aandmfebcon@gmail.com

    Website - www.aandmfebcon.com