IPO Issue Details
Issue Price / Price Band₹18 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size8,000 Shares per Lot
Total Issue Size37,12,000 shares (aggregating up to ₹6.68 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 01 Sep 2017
Subscription CloseWed, 06 Sep 2017
Anchor AllotmentThu, 31 Aug 2017
Basis of AllotmentTue, 12 Sep 2017
Initiation of RefundsWed, 13 Sep 2017
Credit of Shares to DematWed, 13 Sep 2017
Listing DateThu, 14 Sep 2017
UPI Mandate Deadline2017-09-06
Application & Investment Details
Retail — Min (1 Lots)₹1,44,000 — 8,000 shares
Retail — Max (13 Lots)₹1,872,000 (13 Lots)
HNI — Min (2 Lots)₹2,88,000 — 16,000 shares
Net Offer to Public35,20,000 shares (aggregating up to ₹6.34 Cr)
Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.3456 Cr)
Pre-IPO Promoter Holding54,40,289 shares
Post-IPO Promoter Holding91,52,289 shares
About A & M Febcon Ltd.
Incorporated in 2013, A & M Febcon Ltd is engaged in the services of engineering which is applied to the planning, designing and control of industrial operations and in the business of Industrial equipment and metal fabrication.Metal fabrication involves converting raw metal sheet / coil / plate into an intermediate /semi -finished products through a series of processes including cutting, bending and assembling.Industrial equipment fabrication (process equipment fabrication) is the most complex of the three - structural, commercial, & industrial - and is used primarily to develop industrial machinery. Industrial fabrication operation is mostly customized in nature. Equipments & machineries manufactured through industrial fabrication include boilers, storage tanks, heat exchangers, columns, and towers etc, collectively called as process plant equipments. These process plant equipments are widely used in petrochemical plants, oil & gas refinery, metal industry, cement plants, pulp & paper manufacturing plants etc
Objects of the Issue
A & M Febcon Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet working capital requirement
6.10
2
General corporate purpose
0.18
Shareholding & Lock-in
Pre-IPO Promoter Holding
54,40,289 shares
Post-IPO Promoter Holding
91,52,289 shares