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Aspire & Innovative Advertising Ltd
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Registered Office :
C-4 Baldev Park Shahdara,East Delhi
,
Delhi
-
110051
,
Delhi
, India.
Phone :
+91 124 2213055 Fax:
Email : cs@aspireinnovate.in
Website : www.aspireinnovate.in
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Initial public offer of 40,68,000 equity shares of face value of Rs10/- each (the "Equity Shares") of Aspire & Innovative Advertising Limited ("The Company" or "The Issuer") at an issue price of Rs54 per equity share (including share premium of Rs44per equity share) for cash, aggregating up to Rs21.97 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs10 each, at an issue price of Rs54 per equity share for cash, aggregating Rs1.10 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 38,64,000 equity shares of face value of Rs10 each, at an issue price of Rs54 per equity share for cash, aggregating upto Rs20.87 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.80% and 25.46% respectively of the post-issue paid-up equity share capital of the company.
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Opens On
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Closes On
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Application
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Allotment
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26-Mar-24
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28-Mar-24
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Rs 54.00-0.00
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Rs 0.00-0.00
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Minimum Application for shares in Nos :2000 Further
Multiples of :2000
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(Rs Cr)
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Lead Managers to the Issue
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Project Cost
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19.42
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Project Financed through Current Offer
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21.97
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Post Issue Equity Share Capital
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15.18
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Issue Price
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Rs 54.00
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