Aspire & Innovative Advertising Ltd

Registered Office: C-4 Baldev Park Shahdara,East Delhi, Delhi - 110051, Delhi, India. Phone : +91 124 2213055   Fax: Email : cs@aspireinnovate.in Website :www.aspireinnovate.in

Initial public offer of 40,68,000 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Aspire & Innovative Advertising Limited ("The Company" or "The Issuer") at an issue price of Rs. 54 per equity share (including share premium of Rs. 44per equity share) for cash, aggregating up to Rs. 21.97 crores ("Public Issue") out of which 2,04,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating Rs. 1.10 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 38,64,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 54 per equity share for cash, aggregating upto Rs. 20.87 crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.80% and 25.46% respectively of the post-issue paid-up equity share capital of the company. Issue Opens On Closes On 26-Mar-24 28-Mar-24 Money Payable On Application Allotment 54.00 0.00 Minimum Application for shares in Nos : 2000 Further Multiples of : 2000 (.Cr) Lead Managers to the Issue Project Cost (.Cr) 19.42 Hem Securities Ltd Project Financed through Current Offer (.Cr) 21.97   Post Issue Equity Share Capital (.Cr) 15.18 Issue Price () 54.00

Projects

To meet working capital requirements To finance the cost of establishing new warehouses General corporate purposes

Promoted By

Nitesh Agarwalla

Rinku Agarwalla

Listing At

NSE - SME

Registrar to the Issue

No Data Available