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IPO Synopsis
Asston Pharmaceuticals Ltd
Registered Office :
4th Flr Office No.A-431 Balaji,Bhavan Plot No.42A Sec-11 CBD, Mumbai - 400614, Maharashtra, India.
Phone :
+91 22 4973 1411/+91 22 4973 1419 Fax:
Email :
info@asstonpharmaceuticals.com
Website :
www.asstonpharmaceuticals.com
Initial public issue of up to 22,41,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Asston Pharmaceuticals Limited ("the Company" or "APL" or "the Issuer") at an issue price of Rs. 123 per equity share for cash, aggregating up to Rs. 27.56 crores ("Public Isue") out of which upto 1,13,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 123 per equity share for cash, aggregating Rs. 1.39 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 upto 21,28,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 123 per equity share for cash, aggregating upto Rs. 26.17 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.33 % and 25 %, respectively of the post-issue paid-up equity share capital of the company.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
09-Jul-25
11-Jul-25
123.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 1000
Rs Cr
Lead Managers to the Issue
Project Cost
23.95
Sobhagya Capital Options Pvt. Ltd.
Project Financed through Current Offer
27.56
Post Issue Equity Share Capital
8.51
Issue Price
123.00
Projects
Funding capital expenditure requirements towards acquiring machinery in the manufacturing unit
Funding the incremental working capital requirements of our company
Repayment and/or prepayment, in part or full, of certain of our outstanding borrowings availed by our company.
General corporate purposes
Promoted By
Ashish Narayan Sakalkar
Saili Jayaram More
Sachin Chandrakant Badakh
Listing At
BSE - SME
Registrar to the Issue
No Data available..!
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