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Aspire & Innovative Advertising Ltd
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
Initial public offer of 40,68,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Aspire & Innovative Advertising Limited ("The Company" or "The Issuer") at an issue price of Rs. 54 per equity share (including share premium of Rs. 44per equity share) for cash, aggregating up to Rs. 21.97 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating Rs. 1.10 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 Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating upto Rs. 20.87 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.
Issue
Opens On
Closes On
26-Mar-24
28-Mar-24
Money Payable On
Application
Allotment
54.00
0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr
Lead Managers to the Issue
Project Cost (
.Cr)
19.42
Hem Securities Ltd
Project Financed through Current Offer (
.Cr)
21.97
Post Issue Equity Share Capital (
.Cr)
15.18
Issue Price (
)
54.00
Projects
To meet working capital requirements
To finance the cost of establishing new warehouses
General corporate purposes
Promoted By
Nitesh Agarwalla
Rinku Agarwalla
Listing At
NSE - SME
Registrar to the Issue
No Data Available
Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.