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AB Cotspin India Ltd
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Registered Office:
176 Homeland Enclave,
,
Bathinda
-
151001
,
Punjab
, India.
Phone :
91-0164-2970169 Fax:
Email : investors@abcotspin.in
Website : www.abcotspin.com
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Initial public issue consisting of fresh issue of upto 28,84,000* equity shares of face value of Rs10 each ("Equity Shares") of AB Cotspin India Limited ("Company" or "Issuer") for cash at a price of Rs35 per equity share (including a share premium of Rs25 per equity share) aggregating upto Rs10.09 crores (The "Issue"). The Issue includes a reservation of upto 1,48,000 equity shares of face value Rs10 each at a cash price of
Rs35 per equity share aggregating Rs0.52 crores for subscription by the market maker to the issue (The "Market Maker Reservation portion"). The issue less market maker reservation portion i.e. Net issue of upto 27,36,000 equity shares of face value of Rs10 each for cash at a price of Rs35 per equity share, aggregating Rs9.57 crores is hereinafter refered to as the "Net Issue". The issue and the net issue will constitute 28.02% and 26.58% respectively of the post issue paid up equity share capital of the company.
The Face Value of the Equity Shares is Rs10 each.
The Issue price is : Rs35 of the equity share.
The floor price is 3.5 times of the face value.
Bids cans be made for a minimum of 4000 equity and in multiple of 4000 shares thereafter.
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Opens On
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Closes On
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Application
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Allotment
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30-Dec-21
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03-Jan-22
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Rs 35.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :4000 Further
Multiples of :4000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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10.09
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| Pantomath Capital Advisors Pvt Ltd |
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Project Financed through Current Offer
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10.09
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Post Issue Equity Share Capital
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10.29
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Issue Price
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Rs 35.00
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