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Monday, June 2, 2008

IPO -Avon Weighing Systems Ltd

Avon Weighing Systems Ltd
Regitered Office : 15 2nd Floor B-Wing Kamal Kunj, SV Road Irla Bridge Andheri(W), Mumbai - 400058, Maharashtra, India

Phone : 91-22-66804049 Fax : 91-22-26717475
Email : anita_v@aws.co.in Website : www.aws.co.in
Public issue of 1,37,33,033 Equity Shares of Rs.10/- each of Avon Weighing Systms Ltd (The "Company" or The "Issuer") for cash at par (i.e at a price of Rs.10/- per Share) comprising of Promoters Contribution of 38,96,633 Equity Shares of Face Value of Rs.10/- for cash aggregating to Rs.3.89 Crores (herein after referred to as the "Promoters Contribution"). The net offer to the Public is of 98,36,400 equity shares of Rs. 10/- each for cash at par (i.e. at a price of Rs. 10/- per share) aggregating to Rs.9.84 Crores.(herein after referred to as the "Net Issue"). The Issue would constitute 59.33% of the post issue paid-up Capital of the company. The issue price is same as the face value of Rs.10/-

Issue Money payable on
Opens on Closes on Application Allotment
Jun 9, 2008 Jun 12, 2008 Rs. 10.00 Rs. 0.00
Minimum Application for shares in Nos :500 Further Multiples of : 500


Rs cr Lead Manager(s) to the issue
Project Cost 17.30 Keynote Corporate Services Ltd
Project financed through current offer 13.73
Post Issue Equity share capital 16.58
Issue Price Rs. 10.00

Object of the issue:Setting up Manufac. Facility for Weighing Systems, Furniture&Fixtures at Factory, Corp.Off& Showrooms, Computers and Software and SAP Systems, Contingency Provision, Working Capital
Promoted by Listing at Registrar to the Issue
Pankaj Saraiya
Rupal Saraiya
BSE

Datamatics Financial Services

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