IPO Synopsis
Home >> IPO >> IPO Synopsis
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
Adani Ports & Special Economic Zone Ltd     375.85   Up   2.95 (0.79%)   Asian Paints Ltd     1,400.25   Up   44.55 (3.29%)   Axis Bank Ltd     641.65   Up   22.25 (3.59%)   Bajaj Auto Ltd     2,863.00   Up   22.10 (0.78%)   Bajaj Finance Ltd     2,596.90   Up   64.70 (2.56%)   Bajaj Finserv Ltd     6,405.45   Up   252.80 (4.11%)   Bharat Petroleum Corporation Ltd     361.75   Up   8.50 (2.41%)   Bharti Airtel Ltd     322.70   Up   4.90 (1.54%)   Bharti Infratel Ltd     263.45   Up   8.85 (3.48%)   Cipla Ltd     524.75   Up   1.85 (0.35%)   Coal India Ltd     251.00   Down   -0.85 (-0.34%)   Dr Reddys Laboratories Ltd     2,613.75   Down   -25.55 (-0.97%)   Eicher Motors Ltd     23,955.70   Up   90.05 (0.38%)   GAIL (India) Ltd     358.50   Up   4.00 (1.13%)   Grasim Industries Ltd     854.90   Up   0.60 (0.07%)   HCL Technologies Ltd     957.15   Down   -28.05 (-2.85%)   HDFC Bank Ltd     2,123.45   Down   -12.00 (-0.56%)   Hero Honda Motors Ltd     3,305.20   Up   7.15 (0.22%)   Hindalco Industries Ltd     227.15   Up   1.90 (0.84%)   Hindustan Petroleum Corporation Ltd     236.15   Up   4.80 (2.07%)   Hindustan Unilever Ltd     1,844.80   Up   4.05 (0.22%)   Housing Development Finance Corporation Ltd     1,981.70   Up   29.70 (1.52%)   ICICI Bank Ltd     366.50   Up   4.25 (1.17%)   Indiabulls Housing Finance Ltd     839.65   Up   63.05 (8.12%)   Indian Oil Corporation Ltd     145.95   Up   1.20 (0.83%)   IndusInd Bank Ltd     1,612.65   Down   -26.90 (-1.64%)   Infosys Technologies Ltd     664.85   Down   -11.75 (-1.74%)   ITC Ltd     283.45   Up   5.30 (1.91%)   JSW Steel Ltd     311.00   Up   5.55 (1.82%)   Kotak Mahindra Bank Ltd     1,225.65   Down   -11.45 (-0.93%)   Larsen & Toubro Ltd     1,434.75   Up   6.25 (0.44%)   Mahindra & Mahindra Ltd     782.65   Up   11.70 (1.52%)   Maruti Suzuki India Ltd     7,936.00   Up   163.65 (2.11%)   NIFTY (S&P CNX)     10,967.30   Up   58.60 (0.54%)   NTPC Ltd     149.80   Up   2.10 (1.42%)   Oil & Natural Gas Corpn Ltd     148.25   Up   0.65 (0.44%)   Power Grid Corporation of India Ltd     199.00   Up   2.65 (1.35%)   Reliance Industries Ltd     1,136.80   Up   0.40 (0.04%)   State Bank of India     300.70   Up   7.95 (2.72%)   Sun Pharmaceuticals Industries Ltd     423.80   Down   -9.65 (-2.23%)   Tata Consultancy Services Ltd     1,968.45   Down   -19.40 (-0.98%)   Tata Motors Ltd     173.90   Down   -0.85 (-0.49%)   Tata Steel Ltd     527.40   Up   0.40 (0.08%)   Tech Mahindra Ltd     709.45   Up   0.45 (0.06%)   Titan Company Ltd     929.20   Down   -3.80 (-0.41%)   UltraTech Cement Ltd     4,084.55   Up   76.40 (1.91%)   UPL Ltd     755.70   Up   12.05 (1.62%)   Vedanta Ltd     206.85   Down   -1.70 (-0.82%)   Wipro Ltd     340.70   Up   5.65 (1.69%)   Yes Bank Ltd     179.55   Up   0.55 (0.31%)   Zee Entertainment Enterprises Ltd     465.15   Up   2.45 (0.53%)      NSE Data  -  www.nseindia.com (5 minutes delayed) syndicated by www.cmots.com