| Registered Office:
14/A33, 3rd Flr Channa Market,Wea, Karol Bagh,New Delhi-110005,
Delhi |
| Tel. No: +91 01275-299580 |
| Fax No: NA |
| Email: info@arsgreen.com |
| Website: www.arsgreen.com |
| Initial public issue of upto 69,00,000 equity shares of face value of Rs. 10/- each of auto Recycling Systems Limited ("ARSL" or the "company" or the "issuer") for cash at a price of Rs. [*]/- per equity share including a share premium of
Rs.[*]/- per equity share (the "issue price") aggregating to
Rs.[*] crores ("the issue"), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of [*] equity shares of face value of Rs. 10/- each at a price of Rs. [*]/- per equity share including a share premium of Rs. [*]/- per equity share aggregating to Rs. [*] crores is herein after referred to as the "net issue". The issue and the net issue will constitute [*]% and [*]%, respectively, of the post issue paid up equity share capital of the company.
The face value of the equity shares is Rs. 10/- each.
The price band and the minimum bid lot will be decided by the company. |