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Avon Moldplast Ltd
Registered Office:
A-7/36-39South ofGT Rod IndlAr,Electrosteel Casting Compound,
Ghaziabad - 201009,
Uttar Pradesh, India.
Email :  cs@avonmpl.com
Website :  www.avonmpl.com
Public issue of 884,000 equity shares of face value of (Rs) 10 each ("equity shares") of Avon Moldplast Limited (the "company") for cash at a price of (Rs) 51 per equity share (including a share premium of (Rs) 41 per equity share) (the "issue price"), aggregating to (Rs) 4.51 Crores ("the issue"), of which 46,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 51 per equity share, aggregating to (Rs) 0.24 Crores will be reserved for subscription by the market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. issue of 838,000 equity shares of face value of (Rs) 10 each for cash at a price of (Rs) 51 per equity share, aggregating to (Rs) 4.27 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 27.17% and 25.75% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10 each and the issue price of (Rs) 51 is 5.10 times of the face value of the equity shares.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
12-Jul-18
18-Jul-18
51.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
4.51
Turnaround Corporate Advisors Pvt Ltd
Project Financed through Current Offer
4.51
 
Post Issue Equity Share Capital
3.25
 
Issue Price
51.00
 
Projects
To Acquire additional mold of Chair, Cupboard, Table, etc. at the existing manufacture facilities of the company
To Meet the incremental Working Capital Requirements
General Corporate Purpose
Promoted By
Sushil Kumar Aggarwal
Anita Aggarwal
Sahil Aggarwal
Listing At
NSE - SME
Registrar to the Issue
Mas Services Limited
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