| Avon Corporation Ltd |
|---|
| Registered Office: DLH Park No 1106 11th Floor, S V Road Goregaon (West), Mumbai - 400062, Maharashtra |
| Phone: |
| Email: cs@avon.co.in |
| Website: |
| Public issue of 1,37,33,033 Equity Shares of Rs.10/- each of Avon Weighing Systms Ltd (The "Company" or The "Issuer") for cash at par (i.e at a price of Rs.10/- per Share) comprising of Promoters Contribution of 38,96,633 Equity Shares of Face Value of Rs.10/- for cash aggregating to Rs.3.89 Crores (herein after referred to as the "Promoters Contribution"). The net offer to the Public is of 98,36,400 equity shares of Rs. 10/- each for cash at par (i.e. at a price of Rs. 10/- per share) aggregating to Rs.9.84 Crores.(herein after referred to as the "Net Issue"). The Issue would constitute 59.33% of the post issue paid-up Capital of the company. The issue price is same as the face value of Rs.10/- |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 09-Jun-2008 | 12-Jun-2008 | ₹ 10.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 500.0 Further Multiples of : 500.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 17.30 | Keynote Corporate Services Ltd |
| Project Financed through Current Offer | 13.73 | |
| Post Issue Equity Share Capital | 16.58 | |
| Issue Price | ₹10.00 | |
| Projects |
|---|
| Setting up Manufac. Facility for Weighing Systems |
| Furniture&Fixtures at Factory, Corp.Off& Showrooms |
| Computers and Software and SAP Systems |
| Contingency Provision |
| Working Capital |
| Promoted By |
|---|
| Pankaj Saraiya |
| Rupal Saraiya |
| Listing At |
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| BSE |
| Registrar to the Issue |
|---|
| Datamatics Financial Services |