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Home >> Markets >> IPO - Forthcoming IPO's
IPO
As on Jun 29,2018 10:34 AM
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Arvee Laboratories (India) Ltd
Registered Office: 49/3 B Shyamal Row House, 100 Feet Road Satelitte, Ahmedabad - 380015, Gujarat
Phone: 91-79-26749036/37/38
Email: shalin.patel@arveelabs.com
Website: www.arveelabs.com
Public issue of 14,60,000 equity shares of face value of Rs. 10/- each fully paid up of Arvee Laboratories (India) Limited ("ARVEE" or the "company" or the "issuer") for cash at a price of Rs. 61/- per equity share (the "issue price") (including a share premium of Rs. 51/- per equity share aggregating Rs. 8.91 crores (the "issue") by the company, of which 76,000 equity shares of face value of Rs. 10/-each fully paid up Will be reserved for subscription by market maker to the issue ("market maker reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 13,84,000 equity shares of face value of Rs. 10/- each fully paid up is hereinafter referred to as the "net issue". The issue and The net issue will constitute 26.50% and 25.12% respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each. The Issue price is Rs. 61/- per equity share. The Issue price is 6.10 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
09-Feb-2018 14-Feb-2018 (Rs) 61.00 - 0.00 (Rs) 0.00 - 0.00
(Rs)Cr. Lead Managers to the Issue
Project Cost 8.91
Project Financed through Current Offer 8.91
Post Issue Equity Share Capital 5.51
Issue Price (Rs) 61.00
Projects
Re-payment of unsecured loans
Promoted By
Shalin Sudhakarbhai Patel
Shalin Bharat Chokshi
NSE - SME
Registrar to the Issue