IPO SYNOPSIS

Add-Shop E-Retail Ltd
Registered Office:
B-304 Imperial Height,150 ft Ring Road,
Rajkot - 360005,
Gujarat, India.
Website :  www.addshop.co
Public issue of 23,96,000 equity shares of face value of (₹) 10/- each ("equity shares") of Add-Shop Promotions Limited ("the company" or the "issuer") for cash at a price of (₹) 26/- per equity share, including a premuim of Rs 16/- per equity share (the "issue price"), aggregating (₹) 6.23 Crores ("the issue"), of which 1,32,000 equity shares of face value of (₹) 10/- for cash at a price of (₹) 26/- each aggregating 0.34 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 22,64,000 equity shares of face value of (₹) 10/- each for cash at a price of (₹) 26/- per equity share, aggregating to (₹) 5.89 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 37.01% and 34.97%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is (₹) 10 each and the issue price (₹) 26 is 2.6 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
21-Aug-18
30-Aug-18
26.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 4000     Further Multiples of : 4000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
6.23
Fedex Securities Ltd
Project Financed
6.23
 
Post Issue
6.47
 
Issue Price
26.00
 
Projects
Setting up of Herbal & Ayurvedic Processing unit for Manufacturing of Cosmetic & Non-Cosmetic Products at Village Padawala Tal Kotdasangani
Brand Building & Advertisement
Working Capital Requirements
General Corporate Purposes
Promoted By
Dineshbhai Pandya
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
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