Aztec Fluids & Machinery Ltd
Registered Office:
Part H Plinth 4th Floor,Takshashila Square Maninagar,
Ahmedabad
-
380028,
Phone : +91 70483 33211
Fax : NA
Initial public offer of upto 36,00,000 equity shares of face value of
(Rs) 10/- each (the "Equity Shares") of Aztec Fluids & Machinery Limited (formerly known as Aztec Fluids & Machinery Private Limited) ("The Company" or "AFML" or "The Issuer") at an issue price of (Rs) 67 per equity share for cash, aggregating up to (Rs) 24.12 crores ("Public Issue") out of which 1,82,000 equity shares of face value of (Rs) 10 each, at an issue price of
(Rs) 67 per equity share for cash, aggregating (Rs) 1.22 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e., issue of 34,18,000 equity shares of face value of (Rs) 10 each, at an issue price of (Rs) 67 per equity share for cash, aggregating upto
(Rs) 22.90 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.13% respectively of the post-issue paid-up equity share capital of the company.
*Subject to finalization of basis of allotment.a
Opens On
Closes On
Application
Allotment
10-May-24
14-May-24
67.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Cost
22.03
Hem Securities Ltd
Project Financed through Current Offer
24.12
Post Issue Equity Share Capital
13.60
Funding of the proposed acquisition of equity shares of Jet Inks Pvt Ltd
Repayment of a portion of certain borrowings availed by the company
General corporate purposes
Pulin Kumudchandra Vaidhya
Amisha Pulin Vaidhya
Kumuchandra Bhagwandas Vaidya