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IPO

IPO Synopsis
Avi Ansh Textile Ltd
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 Rs62.00-0.00 Rs0.00-0.00
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 Rs62.00  
 
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