Ashoka Metcast Ltd IPO


IPO Subscription Details

  • Open Date 23 Jan
  • Close Date 25 Jan
  • Lot Size 6000
  • IPO Size ₹ 12 Cr
  • IPO Price Range ₹ 20
  • Min Investment ₹ 120000

IPO Synopsis

Public issue of 60,00,000 equity shares of Rs. 10/- each (equity shares) of Ashoka Metcast Limited (AML or the company) for cash at a price of Rs. 20 per share (the issue price), aggregating to Rs. 12.00 crores (the issue), of which 3,12,000 equity shares of Rs. 10 each will be reserved for subscription by the market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 56,88,000 equity shares of Rs. 10/- each is hereinafter referred to as the net issue. The issue and the net issue will constitute 56.02% and 53.10%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 and the issue price is 2 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account 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 mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Ashoka Metcast Ltd IPO

Contact Information

7th Floor Ashoka Chambers,
Opp HCG Hoapitals Mithakhali,
Ahmedabad, Gujarat 380006

Ashoka Metcast Ltd IPO Lead Manager

Aryaman Financial Services Ltd

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