Akanksha Power & Infrastructure Ltd
Registered Office:
Plot #. 87/4 MIDC,Satpur,
Nashik - 422007,
Maharashtra, India.
Phone : +91 9370345000
Fax : NA
Initial public offering of up to 49,98,000 equity shares of (Rs) 10/- each ("Equity Shares") of Akanksha Power and Infrastructure Limited ("APIL" or the "Company") for cash at a price of (Rs) 55/- per equity share (the "Issue Price"), aggregating to (Rs) 27.49 crores ("The Issue"). Out of the issue, 2,60,000 equity shares aggregating to (Rs) 1.43 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 47,38,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 55/- per equity share aggregating to (Rs) 26.06 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.99 % and 25.59 %, respectively of the post issue paid up equity share capital of the company.
The face value of the equity share is (Rs) 10 each and the issue price is
(Rs) 55 the issue price is 5.5 times of the face value of the equity shares.
| Issue |
Money Payable On |
| Opens On |
Closes On |
Allotment |
Application |
| 27-Dec-23 | 29-Dec-23 |
0.00-0.00 |
55.00-0.00 |
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
|
(Rs. in Cr) |
Lead Managers to the Issue |
| Project Cost |
22.47 |
Narnolia Financial Services Ltd |
| Project Financed |
27.49 |
|
| Post Issue |
18.52 |
|
| Issue Price |
18.52 |
|
| Projects |
|---|
|
Capital expenditure
Working capital requirement
General corporate purposes
|
| Promoted By |
|
Bipin Bihari Das Mohapatra
Chaitali Bipin Dasmohapatra
|
No Data Available!!!