Shri Aster Silicates Ltd IPO

Closed

Subscription Details

  • Open Date 24 Jun
  • Close Date 28 Jun
  • Lot Size 50
  • IPO Size ₹ 53.1 Cr
  • IPO Price Range ₹ 118
  • Min Investment ₹ 5900

Shri Aster Silicates Ltd IPO Timeline

Open Date
24 Jun
Close Date
28 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

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

How to apply for an 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 Shri Aster Silicates Ltd IPO

Contact Information

Address

B-506 Infinity Corp Lane Road,
Prahalad Nagar Garden Satellit,
Ahmedabad, Gujarat 380015

Shri Aster Silicates Ltd IPO Lead Manager

Saffron Capital Advisors Pvt Ltd
Open Demat Account