ABS Marine Services Ltd IPO |
Registered Office:
Flat # 3 Anugraha Foundation,# 15 Valliammal Road Vepery
,
Chennai
-
600007
,
Tamil Nadu
, India.
Phone :
+044 4291 4135/155 Fax:
Email : cs@absmarine.com
Website : www.absmarine.com
|
| Public issue of 65,50,000 equity shares* of face value (Rs)10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of (Rs)147 per equity share (including a securities premium of (Rs)137 per equity share) ("Issue Price"), aggregating up to (Rs)96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to (Rs)6.03 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 61,40,000 equity shares of face value of (Rs)10 each at an issue price of
(Rs)147 per equity share aggregating to (Rs)90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is (Rs)10 and issue price is (Rs)147.
The issue price is 14.7 times of the face value of the equity share. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 10-May-24 |
15-May-24 |
(Rs)147.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1000 Further Multiples of :1000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
91.29 |
| GYR Capital Advisors Pvt Ltd |
|
| Project Financed through Current Offer |
96.29 |
|
| Post Issue Equity Share Capital |
24.55 |
|
| Issue Price |
(Rs)147.00 |
|
|