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Avi Ansh Textile 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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Avi Ansh Textile Ltd IPO

Registered Office: #402 4th F. Aggarwal C Plaza-I,Netaji Subhash Placs Pitampura , New Delhi - 110034 , New Delhi , India.
Phone : +91-11-4142 5247   Fax:
Email :  avianshanil@rediffmail.com  
Website :  www.avianshgroup.com
Public issue of 41,92,000 equity shares of face value of (Rs)10 each ("Equity Shares") of Avi Ansh Textile Limited (the "Company" or the "Issuer") for cash at a price of (Rs)62/- per equity (the "Issue Price") aggregating to (Rs)25.99 crores ("The Issue") of which 2,12,000 equity share face value of (Rs)10 each for cash at a price of (Rs)62 equity share including premium of (Rs)52 per equity shares aggregating to (Rs)1.31 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 39,80,000 equity share face value of (Rs)10 each at a cash price of (Rs)62 per equity share including premium of (Rs)52 per equity share aggregating to (Rs)24.68 crores (the "Net Issue"). The issue and the net issue will constitute 30% and 28.47% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
20-Sep-24 24-Sep-24 (Rs)62.00-0.00 (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 24.63
3Dimension Capital Services Ltd
Project Financed through Current Offer 25.99  
Post Issue Equity Share Capital 13.98  
Issue Price (Rs)62.00  
 
Projects
Term Loan ReapaymentGeneral corporate purposes
Funding of working capital requirement of the company
Promoted By
Anil Kumar Jain  
Geeta Jain  
Avi Jain  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt