Ankita Knit Wear Ltd - IPO

Ankita Knit Wear Ltd IPO Details

Public issue of 1,00,00,000 equity shares of Rs. 10/- each issued for cash at a premium of Rs.15 /- per equity share i.e. at a price of Rs. 25/- (Rupees Twenty-Five only) per equity share aggregating to Rs. 25.00 Crores (the Issue or the net Issue) by Ankita Knit Wear Limited ('the company' or 'the issuer'). The face value of the share is Rs. 10/- each and the issue price is 2.5 times of the face value. The issue to the public will constitute 48.52% of the fully diluted post-issue equity share capital of the company. The issue is being made in terms of regulation 26(1) (a), (b), (c) and (d) of SEBI (ICDR) regulations, 2009. In addition to this, the project has participation by state bank of india, the appraiser of the project, to the extent of 44.44% of the total project cost. In case of delay, if any in refund, our company shall pay interest on the application money at the rate of 15% per annum for the period of delay.

Objective of issue

To increase the volume of prod. in knitting div..

Ankita Knit Wear Ltd Contact Details

Ankita Knit Wear Ltd, E-2/3 Ansa Indl Est, Saki Vihar Road, Sakinaka Andheri(E), Mumbai - 400072

Phone - 91-22-40430200/28470652

Fax - 91-22-28475207

Email - info@ankitafashion.com