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IPO Details


AcroPetal Technologies Ltd
Registered Office: #74/75 3rd Cross 1st Main, N S Palya Bannerghatta Road, Bangalore - 560076, Karnataka
Phone: 91-80-49084000
Email: corp@acropetal.com
Website: www.acropetal.com
Public Issue of 18888889 equity shares of Rs. 10/- each at a price of Rs. 90 per equity share (including a premium of Rs. 80 per equity share) for cash aggregating Rs. 170.00 crores (The "Issue"), by AcroPetal Technologies Limited (The "Company" or The "Issuer"). The Issue will constitute 48.57% of the fully diluted post issue paid-up capital of the company. The Net issue to public will constitute 48.57% of the fully diluted post issue paid-up capital of the company. Issue price: Rs. 90 per equity shares of face value of Rs. 10 each The issue price is 9 times the face value
Issue Money Payable On
Opens On Closes On Application Allotment
21-Feb-2011 24-Feb-2011 90.00 0.00
Minimum Application for shares in Nos : 60.0 Further Multiples of : 60.0
()Cr. Lead Managers to the Issue
Project Cost 170.00 Saffron Capital Advisors Pvt Ltd
Project Financed through Current Offer 170.00
Post Issue Equity Share Capital 38.89
Issue Price 90.00
Projects
To finance the funds required for potential acqui.
To set up a Software Devel. Centre cum Corp. Off.
Expansion & establishment of overseas offices
Part repayment of term loans
Additional long term working capital requirements
General corporate purposes
Promoted By
D Ravi Kumar
Listing At
BSE
NSE
Registrar to the Issue

INDIAN INDICES

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Nifty

25,244.75 200.40 (0.80%)

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NASDAQ
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