Registered Office:
Flat # 3 Anugraha Foundation,# 15 Valliammal Road Vepery,
Chennai
-
600007,
Tamil Nadu, India.
Phone :
+044 4291 4135/155 Fax:
Email : cs@absmarine.com
Website : www.absmarine.com
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Public issue of 65,50,000 equity shares* of face value Rs. 10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of Rs. 147 per equity share (including a securities premium of Rs. 137 per equity share) ("Issue Price"), aggregating up to Rs. 96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to Rs. 6.03 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 61,40,000 equity shares of face value of Rs. 10 each at an issue price of
Rs. 147 per equity share aggregating to Rs. 90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company.
The face value of the equity shares is Rs. 10 and issue price is Rs. 147.
The issue price is 14.7 times of the face value of the equity share.
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Issue
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Money Payable On
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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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10-May-24
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15-May-24
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(Rs) 147.00
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(Rs) 0.00
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Minimum Application for shares in Nos :
1000
Further Multiples of :
1000
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Lead Managers to the Issue
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Project Cost (Rs.Cr)
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91.29
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GYR Capital Advisors Pvt Ltd
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Project Financed through Current Offer (Rs.Cr)
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96.29
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Post Issue Equity Share Capital (Rs.Cr)
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24.55
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Issue Price (Rs)
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147.00
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