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Showing posts from February, 2019

ANMOL INDIA LTD IPO FULLY SUBSCRIBED

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The BSE SME initial public offer (IPO) of Anmol India Limited, engaged in the business of energy solutions and supplying High GCV USA Coal, Indonesian coal, Petroleum coke among others, successfully subscribed 1.48 times at the end of closing day today. The HNI and Retail portion subscribed 1.45 and 1.56 times, respectively.  The issue which opened on 12 February 2019, comprises a Fresh Issue of 31,00,000 Equity Shares of face value of Rs 10/- each for cash at a price of INR 33/- per equity share aggregating to INR 102.3 million. The proceeds from IPO will be utilized to part finance working capital requirements of the Company; meet General corporate purposes and the expenses of the Issue.

The lead manger to the issue Mr Abhinav Gupta, President, Share India Capital Service said “Anmol India Ltd is our 1st IPO mandate as a merchant banker and we are very happy with the super response from the Investors. The Company has quality fundamentals and high potential for accelerated growth, and…

ANMOL INDIA LTD IPO OPENS ON BSE SME Exchange

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Ludhiana based Anmol India Limited (“Anmol”), engaged in the business of energy solutions and supplying High GCV USA Coal, Indonesian coal, Petroleum coke among others, has launched its maiden initial public issue (IPO) on BSE SME Platform on 12 February 2019.The Company is making a Fresh Issue of 31,00,000 Equity Shares of face value of Rs 10/- each for cash at a price of INR 33/- per equity share aggregating to INR 102.3 million. The proceeds from IPO will be utilized to part finance working capital requirements of the Company; meet General corporate purposes and the expenses of the Issue. The Issue will close on 14 February 2019.
Share India Capital Services Private Limited is the lead manger to the issue and Bigshare Services Private Limited is the registrar to the public offer.
Company’s Managing Director Mr Vijay Kumar said “Since inception in 1998, Anmol India has made itself a trusted brand among clients located in over 100 different locations in India. Initially serving only br…

“The Interim Budget enlightens the ray of hope for a Strong Bharat”-Aryan Prem Rana, Chief Mentor, AARYANA MATASCO

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Strong Economic Growth  will propel better growth opportunities for our  PR and Communications sector through enhanced economic activities and boost in over all consumption. This will immensely benefit all our stakeholders like PR and IR Consultancies, Advertising Agencies, Digital, Online and Social marketing professionals among others. The interim union budget 2019 enlightens the ray of hope for continued strong economic growth, positive business & policy environment and political stability. The budget looks balanced; progressive, far sighted and has a long term vision for building a better new India.  The Finance Minister has struck right balance between fiscal prudence, growth and socio-economic justice by focusing and provisioning adequately to effectively handle farm distress for the deprived and most disadvantaged, provide way for millions in India to take pride in their knowledge and seek livelihoods with their skills and  potential, insure strong budget for defense, secur…