Advance Syntex Ltd

- Hem Securities Ltd

Public issue of 21,00,000 equity shares of face value of Rs. 10.00 each of Advance Syntex Limited (The company or The issuer) for Cash at a price of Rs. 12.00 per equity share (including a share premium of Rs. 2.00 per equity share) (issue price) aggregating to Rs. 2.52 Crores (the issue), of which 1,20,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 12.00 per equity share, Aggregating to Rs. 0.14 Crores will be reserved for subscription by market maker (Market maker reservation portion). The Issue less the market maker reservation portion i.e. issue of 19,80,000 equity shares of face value of Rs. 10.00 each at an issue price Of Rs. 12.00 per equity share aggregating to Rs. 2.38 Crores (Is hereinafter referred to as the net issue). The issue and the net issue will constitute 26.53% and 25.02%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price is Rs. 12.00 each. The issue price is 1.2 times of the face value.

  • Issue

    • Opens On30 Jun 2016
    • Closes On04 Jul 2016
  • Money Payable On

    • Application12
    • Allotment0
  • Project Cost (Cr.)2.17
  • Post Issue Equity Share Capital (Cr.)7.91
  • Issue Price (D)12

Further Multiples of: 10000

Projects

  • Promoted By
    • Listing At - BSE - SME
    • Registrar to the Issue - Sharex Dynamic (India) Pvt Ltd

    233/2 & 238/2 GIDC POR Ramangamdi Vadodara

    Gujarat- 391243

    Phone - 91-265-2831850

    Fax - 91-265-2831848

    Email - info@midasglitter.com

    Website - www.midasglitter.com

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