IPO Details

Asha Resins Ltd
Registered Office: Gat No.227/2 A/P Dhanore,Khed Taluka,Pune-412105, Maharashtra
Tel. No: +91-94042 42201
Fax No:
Email: cs@asharesins.com
Website: https://www.asharesins.com
Initial public offer of upto 32,88,000 equity shares of face value of INR 10/- each (the "equity shares") of Asha Resins Limited ("the company" or "ARL" or "the issuer") at an issue price of Rs.[*] per equity share for cash, aggregating up to Rs.[*] crores ("public issue") out of which [*] equity shares of face value of Rs.10 each, at an issue price of Rs.[*] per equity share for cash, aggregating Rs.[*] 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 [*] equity shares of face value of INR 10 each, at an issue price of INR [*] per equity share for cash, aggregating upto Rs.[*] crores is herein after referred to as the "net issue". The public issue and net issue will constitute 26.44% and [*]% respectively of the post issue paid-up equity share capital of the company. The price band and the minimum bid lot will be decided by the company in consultation with the brlm.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹0.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 0	Further Multiples of : 0

	(₹ Cr)	Lead Managers to the Issue
Project Cost	0.00	Hem Securities Ltd
Project Financed through Current Offer	0.00
Post Issue Equity Share Capital	0.00
Issue Price	0.00

Projects
Funding of capital expenditure towards civil construction work in the existing premises of factory
Funding of capital expenditure towards installation of additional plant and machinery in the existing corporate purposes
General corporate purposes

Promoted By
Kiran Mohanlal Karnawat
Asha Mohanlal Karnavat
Seema Kiran Karnawat

Listing At
NSE - SME

Registrar To The Issue
Cameo Corporate Services Ltd