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Aishwarya Telecom IPO is a book build issue of ₹14.01 crores. The issue is entirely a fresh issue of 0.40 crore shares of ₹14.01 crore.
Aishwarya Telecom IPO bidding started from Apr 15, 2008 and ended on Apr 17, 2008. The shares got listed on BSE on May 7, 2008.
Aishwarya Telecom IPO price band is set at ₹35.00 per share . The lot size for an application is 200. The minimum amount of investment required by an retail is ₹6,400 (200 shares). The lot size investment for sNII is 29 lots (5,800 shares), amounting to ₹2,03,000, and for bNII, it is 143 lots (28,600 shares), amounting to ₹10,01,000.
The issue includes a reservation of up to 1,00,000 shares for employees offered at a discount of ₹0.00 to the issue price.
Srei Capital Markets Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Aishwarya Telecom IPO RHP for detailed Information.
| IPO Date | April 15, 2008 to April 17, 2008 |
| Listing Date | May 7, 2008 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹32 to ₹35 per share |
| Issue Price Final | ₹35 per share |
| Lot Size | 200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 40,02,571 shares (aggregating up to ₹14.01 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Share Holding Pre Issue | 66,59,400 shares |
| Share Holding Post Issue | 1,06,59,400 shares |
Aishwarya Telecom IPO offers total 40,00,000 shares. Out of which 19,50,000 (48.75%) allocated to QIB, 5,85,000 (14.63%) allocated to NII, 13,65,000 (34.13%) allocated to RII.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 19,50,000 (48.75%) | NA |
| NII (HNI) Shares Offered | 5,85,000 (14.63%) | NA |
| Retail Shares Offered | 13,65,000 (34.13%) | 6,825 |
| Employee Shares Offered | 1,00,000 (2.50%) | NA |
| Total Shares Offered | 40,00,000 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Aishwarya Telecom IPO opens on April 15, 2008, and closes on April 17, 2008.
| IPO Open Date | Tue, Apr 15, 2008 |
| IPO Close Date | Thu, Apr 17, 2008 |
| Tentative Listing Date | Wed, May 7, 2008 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Apr 17, 2008 |
Investors can bid for a minimum of 200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 200 | ₹7,000 |
| Retail (Max) | 28 | 5,600 | ₹1,96,000 |
| S-HNI (Min) | 29 | 5,800 | ₹2,03,000 |
| S-HNI (Max) | 142 | 28,400 | ₹9,94,000 |
| B-HNI (Min) | 143 | 28,600 | ₹10,01,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 1995, Aishwarya Telecom Limited is ISO 9001:2000 Certified Company manufacturing Fiber Optic Test Equipments and Cable Fault Locators. Currently, ATL manufactures products for Telephone Service Providers, Defence Sector, Railways, Telecom equipment manufacturing companies and Cable TV Operators.
ATL has 9 R & D, 4 Customer Support, 20 Marketing, 45 Production and 10 Administration Personnel. ATL is planning to expand in to designing products for Defence Sector and Educational Sector.
ATL manufactures a wide range of Telecom Fiber Optic products and supplies to Bharat Sanchar Nigam Limited, Tata Tele Services, Bharati Telenet, HFCL public sectors defence sectors like ECIL in India. ATL is exporting cable fault locators to countries like France, Taiwan, Czech Republic, Riyadh, Dubai etc.
| Particulars | For the year/period ended (Rs. in lakhs) | |||
| 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 2242.13 | 1692.51 | 780.39 | 566.16 |
| Profit After Tax (PAT) | 302.99 | 235.38 | 117.36 | 54.12 |
The Company Aishwarya Telecom IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (in Millions) |
|---|---|---|
| 1 | Capital Expenditure for Research & Development of Main Frame Optical Time Domain Reflecto Meter (OTDR) | 8.04 |
| 2 | Capital Expenditure for Research & Development of Ethernet Traffic Analyzers | 6.42 |
| 3 | Cost of GSM/GPRS/CDMA Analyzers for providing Technical Audit Services to the Mobile Operators | 70.01 |
| 4 | Cost of land & construction of building for a new production unit at Hyderabad | 27.23 |
| 5 | Cost of land & construction of building for new corporate, marketing, administrative and R&D office at Hyderabad | 33.24 |
| 6 | Additional working capital requirements | 70.00 |
| 7 | Issue Expenses | 13.80 |
| Listing Date | May 7, 2008 |
| BSE Script Code | 532975 |
| NSE Symbol | |
| ISIN | INE778I01024 |
| Final Issue Price | ₹35 per share |
| BSE Listing Group | B |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹35.00 |
| Open | ₹50.10 |
| Low | ₹50.10 |
| High | ₹93.00 |
| Last Trade | ₹90.85 |
Aishwarya Telecom Ltd.
3-C Samrat Commercial Complex,
Opp. A G Office,
Saifabad, Khairatabad,
Hyderabad, Telangana, 500004
Phone: + 91-40 2323 6019
Email: ipo@aishwaryatelecom.com
Website: http://www.aishwaryatelecom.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: Ashok@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Aishwarya Telecom IPO is a main-board IPO of 40,02,571 equity shares of the face value of ₹10 aggregating up to ₹14.01 Crores. The issue is priced at ₹35 per share. The minimum order quantity is 200.
The IPO opens on April 15, 2008, and closes on April 17, 2008.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Aishwarya Telecom IPO using UPI as a payment gateway. Zerodha customers can apply in Aishwarya Telecom IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aishwarya Telecom IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aishwarya Telecom IPO opens on April 15, 2008 and closes on April 17, 2008.
Aishwarya Telecom IPO lot size is 200, and the minimum amount required for application is ₹7,000.
You can apply in Aishwarya Telecom IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aishwarya Telecom IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Aishwarya Telecom IPO allotment status.
The Aishwarya Telecom IPO listing date is on Wednesday, May 7, 2008.
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