Shri Aster Silicates Ltd IPO

IPO Synopsis

Public issue of 45,00,000 equity shares of Rs. 10/- each at a price of Rs. 118 per equity share (including a premium of Rs. 108 per equity share) for cash aggregating upto Rs. 53.10 Crores (the Issue), by Aster Silicates Limited (the Company or the Issuer). The issue will constitute 30.28% of the fully diluted post issue paid-up capital of the company. The net issue to public will constitute 30.28% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 118 per equity share of face value of Rs. 10 each. The issue price is 11.80 times of the face value

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