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Aztec Fluids & Machinery Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Aztec Fluids & Machinery Ltd IPO

Registered Office: Part H Plinth 4th Floor,Takshashila Square Maninagar , Ahmedabad - 380028 , Gujarat , India.
Phone : +91 70483 33211   Fax:
Email :  cs@aztecfluids.com  
Website :  www.aztecindia.org
Initial public offer of upto 36,00,000 equity shares of face value of (Rs)10/- each (the "Equity Shares") of Aztec Fluids & Machinery Limited (formerly known as Aztec Fluids & Machinery Private Limited) ("The Company" or "AFML" or "The Issuer") at an issue price of (Rs)67 per equity share for cash, aggregating up to (Rs)24.12 crores ("Public Issue") out of which 1,82,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)67 per equity share for cash, aggregating (Rs)1.22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 34,18,000 equity shares of face value of (Rs)10 each, at an issue price of (Rs)67 per equity share for cash, aggregating upto (Rs)22.90 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.13% respectively of the post-issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment.a

Issue Money Payable On
Opens On Closes On Application Allotment
10-May-24 14-May-24 (Rs)67.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 22.03
Hem Securities Ltd
Project Financed through Current Offer 24.12  
Post Issue Equity Share Capital 13.60  
Issue Price (Rs)67.00  
 
Projects
Funding of the proposed acquisition of equity shares of Jet Inks Pvt LtdGeneral corporate purposes
Repayment of a portion of certain borrowings availed by the company
Promoted By
Pulin Kumudchandra Vaidhya  
Amisha Pulin Vaidhya  
Kumuchandra Bhagwandas Vaidya  
Listing At
BSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd