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Arrowhead Seperation Engineering Ltd

Registered Office: Survey No 39 Village Mundhega-,on Tal Igatpuri, Nashik - 422403, Maharashtra, India.
Phone : +91+91 84228 29060   Fax:
Email :  info@arrowhead-dryers.co.in  
Website :  www.arrowhead-dryers.com

Initial public offer of 5,58,000 equity shares of Rs. 10 each ("Equity Shares") of Arrowhead Seperation Engineering Limited ("ASEL" or the "Company") for cash at a price of Rs. 233 per share (the "Issue Price"), aggregating to Rs. 13.00 crores ("The Issue"), of which 30,000 equity shares of Rs. 10 each will be reserved for subscription by aggregating market maker to the issue (the "Market Maker Reservation Portion"). The issue less than the market maker reservation portion i.e. issue of 5,28,000 equity shares of Rs. 10 each is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 29.82% and 28.22% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10 and the issue price is 23.3 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Nov-23 20-Nov-23 233.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 600   Further Multiples of : 600
  Rs Cr Lead Managers to the Issue
Project Cost 11.70 Aryaman Financial Services Ltd
Project Financed through Current Offer 13.00  
Post Issue Equity Share Capital 1.87  
Issue Price 233.00  

Projects

  • Repayment of Loan from NBFC's
  • Funding working capital requirements
  • General corporate purposes

Promoted By

Ajit Mundle

Jyoti Mundle

Listing At

BSE - SME

Registrar to the Issue

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