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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
ABS Marine Services Ltd
Registered Office: Flat # 3 Anugraha Foundation, # 15 Valliammal Road Vepery, Chennai - 600007, Tamil Nadu
Phone: 1
Email: 1
Website: 1
Public issue of 65,50,000 equity shares* of face value Rs. 10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of Rs. 147 per equity share (including a securities premium of Rs. 137 per equity share) ("Issue Price"), aggregating up to Rs. 96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to Rs. 6.03 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 61,40,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 147 per equity share aggregating to Rs. 90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 and issue price is Rs. 147. The issue price is 14.7 times of the face value of the equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
10-May-2024 15-May-2024 147.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 91.29
Project Financed through Current Offer 96.29
Post Issue Equity Share Capital 24.55
Issue Price 147.00
Projects
Acquisition of offshore vessel
Funding the working capital requirements of the company
General corporate purposes
Promoted By
P B Narayanan
Shreelatha Narayanan
Arathi Narayanan
NSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.