Artemis Electricals Ltd

  • Registered Office: Artemis Complex Gala No. 105 &,108 National Exp. Way Vasai(E), Thane - 401208, Maharashtra, India. Phone : 91-22-29275032   Fax:91-22-29275062
  • Email : cs@artemislighting.in
  • Website :www.artemislighting.in
Initial Public Issue of 70,00,000 equity shares of face value of Rs. 10 each ("equity shares") of Artemis Electricals Limited ("the company" or the "issuer") for cash at a price of Rs. 60 per equity share (the "issue price"), (including a premuim of Rs. 50 per equity share), aggregating Rs. 42 Crores ("the issue"), of which 3,56,000 equity shares of face value of Rs. 10 for cash at a price of Rs. 60 each aggregating Rs. 2.14 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less market maker reservation portion i.e. Issue of 66,44,000 equity shares of face value of Rs. 10 each for cash at a price of Rs. 60 per equity share, aggregating to Rs. 39.86 Crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 28.34 and 26.89 respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.60 and is 6 times the face value of the equity shares. Bid can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Opens On Closes On
24-Apr-19 06-May-19
Money Payable On
Application Allotment
60.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 42.00 Fedex Securities Pvt Ltd
Project Financed through Current Offer (.Cr) 42.00  
Post Issue Equity Share Capital (.Cr) 24.70
Issue Price () 60.00
Long Term Working Capital Requirements
Purchase of Machinery / Equipment
General Corporate Purposes
Promoted By
Pravin Kumar Agarwal
M/S Yashvikram Infrast.Pvt Ltd
Listing At
Registrar to the Issue
Cameo Corporate Services Ltd