Aries Agro Ltd IPO Opens on December 14, 2007

The Initial Public Offering (IPO) of Aries Agro Ltd opens for subscription on December 14, 2007. The company is coming out with an Initial Public Offering (IPO) of 4500000 Equity Shares of Rs.10 each for cash at a price band of Rs 120 to Rs 130 per share through 100% Book Building Process.

The IPO opens for subscription on Friday - December 14, 2007 and closes on Wednesday - December 19, 2007.

The Issue comprises of a 4500000 equity shares of Rs.10 each at a price band of Rs.120 to Rs.130 per equity share for cash. The Issue to the public would constitute 34.61% of the fully diluted post-issue capital of the company.

The Equity Shares are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The Book Running Lead Manager to the issue is SREI Capital Markets Ltd. AUM Capital Market Private Limited is the Syndicate Member to the issue.

Aarthi Consultants Private Limited is the Registrar to the issue.

Click Here to view the website of Aries Agro Ltd

Click Here to view the prospectus of Aries Agro Ltd

Source : Equity Bulls

Keywords