Astral Poly Technik Limited IPO to close on February 22, 2007

Astral Poly Technik Limited has come out with a public issue of 29,71,000 equity shares of Rs.10 each at a price of Rs.115 per equity share for cash aggregating Rs.3416.65 Lacs including employee reservation of 1,50,000 equity shares aggregating Rs.172.50 lacs.

The issue less the employee reservation portion of i.e., 28,21,000 equity shares aggregating Rs.3244.15 lacs is the Net Issue to the Public. The Issue and Net Issue constitutes 26.44% and 25.10% of the post issue paid-up capital of the company respectively.

The issue opened for subscription on February 14, 2007 (Wednesday) and closes on February 22, 2007 (Thursday).

Karvy Investor Services Ltd is the lead manager to the issue. Bigshare Services Pvt Ltd is the Registrar to the issue.

The equity shares of the company are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The company's website is Astral Poly Technik Limited

Click on the link for company's IPO prospectus Astral Poly Technik Limited Prospectus

Source : Equity Bulls

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