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Artemis Electricals & Projects Ltd

Registered Office: Artemis Complex Gala No. 105 &,108 National Exp. Way Vasai(E), Thane - 401208, Maharashtra, India.
Phone : 91-22-29275032   Fax:91-22-29275062
Email :  
Website :

Initial Public Issue of 70,00,000 equity shares of face value of Rs. 10 each ("equity shares") of Artemis Electricals Limited ("the company" or the "issuer") for cash at a price of Rs. 60 per equity share (the "issue price"), (including a premuim of Rs. 50 per equity share), aggregating Rs. 42 Crores ("the issue"), of which 3,56,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 60 each aggregating Rs. 2.14 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 66,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share, aggregating to Rs. 39.86 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.34 and 26.89 respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.60 and is 6 times the face value of the equity shares. Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Apr-19 06-May-19 60.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs Cr Lead Managers to the Issue
Project Cost 42.00 Fedex Securities Pvt Ltd
Project Financed through Current Offer 42.00  
Post Issue Equity Share Capital 24.70  
Issue Price 60.00  


  • Long Term Working Capital Requirements
  • Purchase of Machinery / Equipment
  • General Corporate Purposes

Promoted By

Pravin Kumar Agarwal

M/S Yashvikram Infrast.Pvt Ltd

Listing At


Registrar to the Issue

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