| Initial public offer of up to 93,98,000* equity shares of face value of Rs. 5 each (the "Equity Shares") of Axiom Gas Engineering Limited (the "Company" or the "Issuer") for cash at a price of Rs. 51-54 per equity share (Including a Share Premium of Rs. 46-49 Per Equity Share) (the "Issue Price") aggregating up to Rs. 47.93-50.75 Crores (the "Issue"). The issue comprises a reservation of up to 4,78,000 equity shares aggregating up to Rs. 2.44-2.58 Crores for subscription by the market maker (the "Market Maker Reservation Portion") and a net issue to the public of up to 89,20,000 equity shares aggregating up to Rs. 45.49-48.17 Crores (the "Net Issue"). The issue and the net issue will constitute 26.59% and 25.24%, respectively, of the post-Issue paid-Up equity share capital of the company.
Price Band: Rs. 51/- to Rs. 54/- per equity share of face value of Rs. 5/- each.
The floor price is 10.20 times the face value and the cap price is 10.80 times the face value of the equity shares.
Exceeds two lots, being a minimum of 4,000 equity shares, and in multiples of 2,000 equity shares thereafter. |
