Aakash Exploration Services Ltd

- Monarch Networth Capital Ltd

Public issue of 18,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Aakash Exploration Services Limited (The Company or The Issuer) for cash at a price Rs. 56/- per equity share (including a share premium of Rs. 46/- per equity share) (issue price) aggregating to Rs. 10.08 crores (the issue), of which 90,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 56/- per equity share, aggregating to Rs. 0.50 crores well be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,10,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 56/- per equity share aggregating to Rs. 9.58 crores (the net issue). The issue and the net issue will constitute 26.67% and 25.33%, respectively of the 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. 56/-. The Issue price is 5.6 times of the face value.

  • Issue

    • Opens On17 Apr 2018
    • Closes On19 Apr 2018
  • Money Payable On

    • Application56
    • Allotment0
  • Project Cost (Cr.)10.08
  • Post Issue Equity Share Capital (Cr.)6.75
  • Issue Price (D)56

Further Multiples of: 2000


  • Promoted By
    • Listing At - NSE - SME
    • Registrar to the Issue - Skyline Financial Services Pvt

    424-426 4th Floor Shukan Mall Nr.Visat Petrol Pump Sabarmati Ahmedabad

    Gujarat- 380005

    Phone - 91-79-48006633/65423366

    Fax -

    Email - hemang@aakashexploration.com

    Website - www.aakashexploration.com