‘Aries Agro IPO’ Archives
Aries Agro Limited IPO Listing on Friday, January 11, 2008 BSE Script Code: 532935 NSE Symbol: ARIES Listing in: B1 Group of Securities Issue Price: Rs. 130/- Per Equity Share Face Value: Rs 10/- Per Equity Share This being in the Agri Category good listing premium is expected.
Aries Agro Limited IPO is out with the IPO allotment status This is one of the IPO which was in AGRI field and expected to give some good gain on the listing day , the IPO closed on December 19, 2007. IPO was oversubscribed by 7.62 times and totally6.4 times on the retail front , i did apply for it through online , bu with the IPO application [...]
Aries Agro IPO allotment might be a no brainer the total time it has subscribed is not more than 7.62 times and the retail portion not more than 6 times , so firm allotment is possible for retail investor above 5 lots. Subdivision 1 Qualified Institutional Buyers (QIBs) 2250000 18358450 8.1593 2 Non Institutional Investors 675000 5743950 8.5096 3 [...]
Aries Agro ipo oversubscribed by 7.62 times may be final figures of 8 to 9 times not more than that . Total Issue Size 4500000 Total Bids Received 34283250 Total Bids Received at Cut-off Price 9531900 No. of times issue is subscribed 7.62
Aries Agro IPO subscribed 0.96 times on day 4 , and its closing tomorrow. Total Issue Size 4500000 Total Bids Received 4312050 Total Bids Received at Cut-off Price 601500 No. of times issue is subscribed 0.96
About Aries Agro Aries Agro are into the business of manufacturing of micro nutrients and other nutritional products for plants and animals. Aries Agro started Aries Agro's activity by manufacturing a small range of mineral feed additives for animals & birds and then diversified into mineral additives for the agriculture use. Aries Agro's products [...]
About Aries Agro IPO Aries Agro Limited is entering in the capital markets with an initial public offering, IPO of 45,00,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue. Price Band The price band for the issue has been fixed at Rs. 120/- at lower level and Rs. 130/- at upper level for equity share of Rs. [...]