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

Technology . Transparency . Trust

MARKET

IPO Synopsis
Aakash Educational Services Ltd
Registered Office: Aakash Tower Plot No-1 MLU, Sector-11 Dwarka, New Delhi - 110075, Delhi
Phone: 1
Email: 1
Website: 1
Initial public offering of 18,500,000 equity shares of face value of Rs. 5 each ("equity share") of Aakash Educational Services Limited ("the company" or "the company") for cash at a price of Rs. (*) per equity share (the "offer price") aggregating to Rs. (*) Crores through an offer for sale consisting of 14,427,015 equity shares by mr. J.C. Chaudhry and 1,366,773 equity shares by mr. Aakash Chaudhry (collectively the "promoter selling shareholders") and 1,865,646 equity shares by ms. Kamla chaudhry, 389,530 equity shares by Dr. Aashish chaudhry, 225,518 equity shares by dr. Meinal chaudhry and 225,518 equity shares by ms. Neetu chaudhry (collectively the "other selling shareholders" and together with the promoter selling shareholders, the "selling shareholders", and such offer, the "offer" or the "offer for sale"). The offer includes a reservation of up to (*) equity shares, aggregating to Rs. (*) Crores for purchase by eligible employees (as defined hereinafter) not exceeding 5% of the post-offer paid-up equity share capital (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute (*)% and (*)%, respectively of the fully-diluted postoffer paid-up equity share capital of the company. The face value of equity shares is Rs. 5 each. The price band, the amount of discount, if any, to retail individual investors (the "retail discount") and the eligible employees bidding in the employee reservation portion (the "employee discount") and the minimum bid lot will be decided by the company,
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 0.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 0.00
Post Issue Equity Share Capital 33.33
Issue Price 0.00
Projects
Listing of Shares on the Stock Exchanges
Promoted By
J C Chaudhry
Aakash Chaudhry
BSE
NSE
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.