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 (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.
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 26-Mar-24 |
28-Mar-24 |
54.00-0.00 |
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) |
Lead Managers to the Issue |
| Project Cost |
19.42 |
Hem Securities Ltd
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| Project Financed through Current Offer |
21.97 |
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| Post Issue Equity Share Capital |
15.18 |
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| Issue Price |
54.00 |
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