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Ashwini Container Movers Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

₹ - cr

Price Range (₹)

₹ 0

Lot Size

-

Min Investment (₹)

₹ -

Listing Exchange

NSE - SME

Open Date

-

Close Date

-

Listing Date

-

Latest IPO News

    Ashwini Container Movers Ltd IPO Details

    Initial public issue of upto 50,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Ashwini Container Movers Limited (Company) for cash at a price of Rs. [*]/- per equity share (Including a Share Premium of Rs. [*]/- per Equity Share) (Issue Price) aggregating up to Rs. [*]/- croresof which up to 2,50,000* equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] 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 47,50,000 equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share aggregating to Rs. [*] is herein after referred to as the Net Issue. The issue and the net issue will constitute 33.33 % and 31.67 % respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10/- each and the floor price and cap price are [*] times and [*] times of the face value of the equity shares, respectively.The price band and the minimum bid lot will be decided by the company.

    Objective of issue

    Repayment and/or pre-payment, in full or part, of certain borrowings availed by our company. Funding capital expenditure requirement of our company towards purchase of trucks. General corporate purpose.

    Ashwini Container Movers Ltd Contact Details

    Ashwini Container Movers Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - compliance@ashwinimovers.com

    Website - www.ashwinimovers.com