Registered Office:
Flat # 3 Anugraha Foundation,# 15 Valliammal Road Vepery,
Chennai
-
600007,
Phone : +044 4291 4135/155
Fax : NA
Public issue of 65,50,000 equity shares* of face value (Rs) 10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of (Rs) 147 per equity share (including a securities premium of (Rs) 137 per equity share) ("Issue Price"), aggregating up to (Rs) 96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to (Rs) 6.03 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 61,40,000 equity shares of face value of (Rs) 10 each at an issue price of
(Rs) 147 per equity share aggregating to (Rs) 90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is (Rs) 10 and issue price is (Rs) 147.
The issue price is 14.7 times of the face value of the equity share.
Opens On
Closes On
Application
Allotment
10-May-24
15-May-24
147.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
91.29
GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer
96.29
Post Issue Equity Share Capital
24.55