IPO

IPO Snapshot

Ashoka Metcast Ltd.

Issue Open Date	23-Jan-18
Issue Closing Date	25-Jan-18
Application Money	100
Allotment Money

Price Band ()	20 -
Minimum Bid Quantity.	6000
Issue Size (Shares)	6000000
Market Lot	1

Objective

The Objects of the Issue is to raise funds for:(a) Investment in subsidiary company – SGRMPL for funding capital expenditure requirements in relation to revival and modernisation of existing manufacturing facility at Kadi, Gujarat and working capital requirements (b) Repayment of loans (c) Funding expenditure for General Corporate Purposes.

Business Description

OUR OVERVIEW About our Group Our Company is part of Gujarat based diversified business group currently promoted by Mr. Shalin Ashok Shah and Family. Our group has business interests in various sectors including Oil and Gas, Steel, Infrastructure, Electronic Equipments and Real Estate. Our flagship Group Company - Gujarat Natural Resources Limited. is engaged in the business of Oil & Gas explora...

Promoter's Holding

Total Share Capital	4710000
Offered to Public	6000000
Promoter's Holding (Pre-Issue)	100
Promoter's Holding (Post-Issue)	43.98

Address

Address :7th Floor
Ashoka Chambers
Opp. H C G Hospital
Mithkhali Six Roads City :Ahmedabad, State :Gujarat Pincode :380006 Phone :079-2646 3226 Email : info@ashokametcast.in Website : www.ashokametcast.in

Registrar

Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad

Listed at

BSE

Lead Manager

Aryaman Financial Services Ltd.

Promoters

Shalin A Shah (HUF)
Shalin Shah