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Aries Agro Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 58.5

Price Range (₹)

₹ 130

Lot Size

50

Min Investment (₹)

₹ 6,500.00

Listing Exchange

MumbaiNSE

Open Date

15-Dec-2007

Close Date

20-Dec-2007

Listing Date

12-Jan-2008

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    Price Performance

    1 Week-3.58
    1 Month-6.04
    3 Month-18.46
    6 Month-18.60
    1 Year-11.93
    3 Year87.98

    Aries Agro Ltd IPO Details

    Initial public issue of 45,00,000 equity shares of Rs.10/- each for cash at a price of Rs.130/- per equity share (including share premium of Rs.120/- per equity share) aggregating Rs.58.50 Crores, (hereinafter referred to as the issue). The issue would constitute 34.61% of the fully diluted post issue paid-up capital of the company.Issue Price is Rs.130/- per equity share of face value of Rs.10/-The issue price is 13 times of the face value

    Objective of issue

    New Manufacturing Unit. New Manufacturing Unit. New Manufacturing Unit. Additional Manufacturing Unit. Purchase of Plant & Machinery at Existing Factory. Capital Expenditure for Mobile Marketing. Existing Office Buldg. Renovation&New Office Buldg. Investment in Golden Harvest. To Meet the Working Capital Requirement. To Meet General Corporate Expenes.

    Aries Agro Ltd Contact Details

    Aries Agro Ltd, 1-2-285 Domalguda, , , Hyderabad - 500 029

    Phone - 91-040-27638111/4445

    Fax - 91-040-27632184

    Email - ariesagro@ariesagro.com

    Website - www.ariesagro.com