IPO

Aakash Exploration Services Ltd IPO

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Public issue of 18,00,000 equity shares of face value of Rs. 10/- each (equity shares) of Aakash Exploration Services Limited (The Company or The Issuer) for cash at a price Rs. 56/- per equity share (including a share premium of Rs. 46/- per equity share) (issue price) aggregating to Rs. 10.08 crores (the issue), of which 90,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 56/- per equity share, aggregating to Rs. 0.50 crores well be reserved for subscription by market maker (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 17,10,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 56/- per equity share aggregating to Rs. 9.58 crores (the net issue). The issue and the net issue will constitute 26.67% and 25.33%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10/- each and the issue price of Rs. 56/-. The Issue price is 5.6 times of the face value.

Aakash Exploration Services Ltd IPO Subscription Details

Company

Aakash Exploration Services Ltd

Issue Type

Fixed Price - SME

Open Date

17 Apr

Close Date

19 Apr

Offer Price

56.00

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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

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Contact Details of Aakash Exploration Services Ltd IPO

Company Contact Information

Aakash Exploration Services Ltd IPO
424-426 4th Floor Shukan Mall,
Nr.Visat Petrol Pump Sabarmati,
Ahmedabad, Gujarat 380005.

Phone: 91-79-48006633/65423366
Email: hemang@aakashexploration.com

Aakash Exploration Services Ltd IPO Register

Skyline Financial Services Pvt

Aakash Exploration Services Ltd IPO Lead Manager(s)

  • Monarch Networth Capital Ltd

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