Monday, February 19, 2018

Picture_1__3_Mumbai Based ANI integrated ServicesLimited (“Company”), company engaged in the business of Engineering services will be launching its SME initial public offering (“IPO” or the “Issue”) which is scheduled to open on November 8, 2017 and close on November 10, 2017, with a price band of Rs.100 per Equity Share of face value of Rs. 10 each of the Company (the “Equity Shares”).

Initial Public Issue of 25,65,600 equit y shares of face value of rs.10 each (“Equity Shares”) of ANI Integrated Services Limited (“AISL” or “company” or “issuer”) for cash at a price of Rs. 100/- per equity share  aggregating to Rs. 2565.60 lakhs (“Issue”) consisting of a Fresh Issue of 16,87,200 Equity Shares of face value of Rs.10 each for cash at a price of Rs. 100/- per Equity Share aggregating to Rs. 1687.20 lakhs  and 8,78,400 Equity Shares aggregating to Rs. 878.40 lakhs through an Offer for Sale by Mr. NavinNandkumarKorpe, Mrs. Anita Korpe, Mr. AkshayKorpe and Mr. KedarKorpe (“referred as selling shareholder & promoter”) of which 1,34,400 Equity Shares of face value of Rs. 10.00 each for a cash price of Rs. 100/- per equity share, aggregating to Rs. 134.40 lakhs will be reserved for subscription by Market Maker (“M791_mainarket Maker Reservation Portion”).

The issue less the market maker reservation portion i.e. issue of upto 24,31,200 Equity Shares of face value of Rs. 10.00 each at an issue price of Rs. 100/- per equity share aggregating to Rs. 2431.20 lakhs (is hereinafter referred to as the “Net Issue”).

All potential investors may participate in the Issue through an Application Supported by Blocked Amount (“ASBA”) process providing details about the bank account which will be blocked by the Self Certified Syndicate Banks (“SCSBs”) for the same. For details in this regard, specific attention is invited to section titled “Issue Procedure” beginning on page 280 of this Prospectus. In case of delay, if any in refund, our Company shall pay interest on the application money at the rate of 15% per annum for the period of delay.

The Issue and the Net Issue will constitute 26.48% and 25.14%, respectively of the post issue paid-up equity share capital of the company.

Hem Securities Limited is the Lead Managers (“LM”) tothe Issue. The Registrar to the Issue is Bigshare Services Private Limited.

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The Equity Shares of ANI integrated Services Limited is proposed to be listed on SME Platform of NSE.