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Airo Lam IPO is a book built issue of Rs 15.20 crores.
Airo Lam IPO bidding started from September 25, 2017 and ended on September 27, 2017. The shares got listed on NSE SME on October 6, 2017.
Airo Lam IPO price band is set at ₹36 to ₹38 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹114,000.
Pantomath Capital Advisors Pvt Ltd is the book running lead manager of the Airo Lam IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Airo Lam IPO RHP for detailed information.
IPO Date | September 25, 2017 to September 27, 2017 |
Listing Date | October 6, 2017 |
Face Value | ₹10 per share |
Price Band | ₹36 to ₹38 per share |
Lot Size | 3000 Shares |
Total Issue Size | 4,000,000 shares (aggregating up to ₹15.20 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 11,000,000 |
Share holding post issue | 15,000,000 |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 3000 | ₹114,000 |
Retail (Max) | 1 | 3000 | ₹114,000 |
Lot Size Calculator |
Incorporated in 2007, Airo Lam Limited manufactures and markets a range of hi pressure decorative laminates in India and internationally. They offers laminated sheets, pre-laminated boards, and laminated floorings under the various brands, such as Classico, Airolam, I-Lam, Airolite, Airoline, I-Lite, Premium Airodoor, Airodoor, Airo Flexi, Airo xterior, Airo Digilam, etc. Company's products mainly used in the kitchen furniture, workshops, bathroom furniture, interior doors, counter tops, and interior wall linings.
They serves homes, offices, libraries, schools, colleges, universities, hospitals, laboratories, hotels, restaurants, shopping malls, food courts, store interiors, or airports through a network of dealers. The company also exports its products to various countries including the UAE, Syria, Kuwait, Bangladesh, Dubai, Singapore, Iran, etc. At present they have around 70 distributors and 4 stock points across the country.
The object of the issue are:
1. Funding the working capital requirements of the Company
2. General Corporate Purpose
[Dilip Davda] Considering fully priced issue, risk savy cash surplus investors may consider it for long term. Read detail review...
The Airo Lam IPO is subscribed times on September 27, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|
Listing Date | October 6, 2017 |
BSE Script Code | |
NSE Symbol | AIROLAM |
ISIN | INE801L01010 |
Final Issue Price | ₹38 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹38.00 |
₹45.60 |
₹45.60 |
₹45.60 |
₹45.60 |
Airo Lam Ltd
Survey No. 355,
Nananpur Road, N.H. No.8,
Village- Dalpur , Tahsil-Prantij - 383 12
Phone: +91 2770-240572
Email: info@airolam.com
Website: http://www.airolam.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: airolam.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
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Airo Lam IPO is a SME IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹15.20 Crores. The issue is priced at ₹36 to ₹38 per share. The minimum order quantity is 3000 Shares.
The IPO opens on September 25, 2017, and closes on September 27, 2017.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Airo Lam IPO opens on September 25, 2017 and closes on September 27, 2017.
Airo Lam IPO lot size is 3000 Shares, and the minimum amount required is ₹114,000.
You can apply in Airo Lam IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Airo Lam IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Airo Lam IPO allotment status.
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