Chittorgarh logo
Contact Us  
IPO's in India
  IPO Dashboard
  Current IPO List
  IPO Calendar
  Performance Tracker
  Grey Market Premiums
  IPO Ratings
  IPO Reviews
  IPO Message Board
  Basis of Allotment
  IPO Alerts
  IPO Prospectus Docs
  IPO Reports (Historic)
  IPO News Live
  IPO Alert Blog
Current IPOs-BSE, NSE
More IPO's...
Current SME IPO's
More SME IPO's...
Current Bonds / NCDs
More Bond's, NCDs...
Subscribe with us...
 Free Email Alerts

India Stock Market
  Stock Message Board
  Stock Market Home
  NSE Bulk Deals
  NSE Circuit Filters
  Corporate Announcements
  Market Holidays
  Stock Gadgets
Stock Trading Brokers
  Broker Comparison
  Stock Broker Articles
  Discount Brokers
  Zerodha (Trade at Rs 20)
  Trade Smart Online TSO
  Traditional Brokers
  ICICI Direct
  Kotak Securities
  SBI Securities
  HDFC Securities
  Reliance Securities
  Bajaj Capital
  Standard Chartered
  Geojit BNP Paribas
  IDBI Capital
  Motilal Oswal
  Angel Broking
  Indiabulls Securities (ISL)
  India Infoline (IIFL)
  Religare Broking

Abhishek Mills Ltd IPO (Abhishek Mills IPO) Detail

Feb 20, 2007 - Mar 1, 2007        

Abhishek Mills Limited Kolhapur, Maharashtra based company involve in two businesses, yarn manufacturing and construction.

Abhishek Mills Limited has 33120 spindles producing 100% combed cotton yarn catering to the demand for finer count in the premium segment of combed cotton yarn in the export market. Company exports its cotton yarn to European countries like Germany, Italy, Switzerland and other countries including Vietnam, Bahrain, Hong Kong, Russia, Korea and Mauritius.

Abhishek Mills Limited entered into construction business in the year 2000 and undertook job work for Morbe dam (earthern) project on Dhavri River.

For six months ended on 30th September, AML posted sales of Rs.40.86 cr. with a PAT of Rs.6.73 cr. while for FY06 it recorded a turnover of Rs.67.35 cr. with a PAT of Rs.12.81 cr.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to
1. To part fund the Expansion Project;
2. To meet the working capital requirements for the Expansion Project.

Issue Detail:

  »»  Issue Open: Feb 20, 2007 - Mar 1, 2007
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 4,100,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. 41.00 Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs 90 - Rs 100 Per Equity Share
  »»  Market Lot: 60 Shares
  »»  Minimum Order Quantity: 60 Shares
  »»  Listing At: BSE, NSE

Company name has been changed to Abhishek Corporation Limited.

IPO Notices

Revision in Abhishek Mills Ltd. Book Building Issue (Source NSE):

Book Running Lead Manager to the issue has informed the Exchange that the issue will close on March 01, 2007 instead of the earlier closing day of February 26, 2007. Further price band has been revised from Rs.95/- to Rs.110/- per share to Rs.90/- to Rs.100/- per share.

Issue Subscription Detail / Current Bidding Status

Number of Times Issue is Subscribed (BSE + NSE)
As on Date & TimeQualified Institutional Buyers (QIBs)Non Institutional Investors (NIIs)Retail Individual Investors (RIIs)Employee ReservationsTotal
Shares Offered / Reserved
 Day 1 - Feb 20, 2007 17:00 IST 0.0000 0.0000 0.0004 0.0000 0.0000 
 Day 2 - Feb 21, 2007 17:00 IST 0.0000 0.0000 0.0009 0.0000 0.0000 
 Day 3 - Feb 22, 2007 17:00 IST 0.0000 0.3112 0.0032 0.0000 0.0500 
 Day 4 - Feb 23, 2007 17:00 IST 0.0000 0.3170 0.0062 0.2306 0.0600 
 Day 5 - Feb 26, 2007 17:00 IST 0.0310 0.4227 0.2789 1.0001 0.2200 
 Day 6 - Feb 27, 2007 17:00 IST 0.0310 0.4227 0.2914 1.0007 0.2200 
 Day 7 - Feb 28, 2007 17:00 IST 0.1336 0.4261 0.2915 1.0007 0.2700 
 Day 8 - Mar 1, 2007 17:00 IST 1.1614 3.8550 0.3175 1.0007 1.2600 

Abhishek Mills IPO News Alerts

  1. Friday, March 16, 2007 8:34:00 AM
    Abhishek Mills Limited IPO Listing
  2. Wednesday, March 14, 2007 6:54:00 AM
    IPO Allotment - Abhishek Mills Limited (AML)
  3. Wednesday, February 14, 2007 10:50:00 PM
    Abhishek Mills Limited IPO Opening on Feb 20

Abhishek Mills IPO Rating

Rating:Rated 3.2 stars

Vote Here ...

Abhishek Mills IPO Listing Date

Listing Date:Monday, March 19, 2007
BSE Scrip Code:532831
Listing In:B1 Group
Issue Price:Rs. 100.00 Per Equity Share
Face Value:Rs. 10.00 Per Equity Share

Listing Day Trading Information

Issue Price:Rs 100.00
Open:Rs 94.00
Low:Rs 79.40
High:Rs 100.45
Last Trade:Rs 91.15
Rs 100.00
Rs 85.15
Rs 78.15
Rs 100.65
Rs 91.25

Abhishek Mills IPO Prospectus

Company Contact Information

Registered Office :
    Gat No. 148, amgaon, Kolhapur-Hupari Road,
    Taluka Karveer,
    District Kolhapur, Maharastra
Phone: + 91 231 2676191
Fax: + 91 231 2676194

Abhishek Mills IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969

Abhishek Mills IPO Lead Manager(s)

Stock Brokers in India (Detailed Comparison)

Do you know that we provide detail comparison of stock brokers in India? More than 50,000 traders/investors saved over 60% on the brokerage in last 2 years. Our team of experts has done extra ordinary job in analyzing popular brokers to help investors like you to find the best.

We can help you choose the right broker and save brokerage...
Name:Phone #:
Are you a day trader?

Abhishek Mills IPO Messages (Abhishek Mills IPO Comments)

7. amitkumararora  Mar 16, 2007 12:20:57 PM IST |   Reply  |  amitkumararora's messages

It is listing on 19.03.2007 i.e. monday.Circular Released
on NSE
Amd Metplast is also listing on same Day.
Good luck.

Hope Retail allottees will be able to recover their Hard
Earned Money??????????????????


6. venkatesan  Mar 16, 2007 11:26:24 AM IST |   Reply  |  venkatesan's messages

any pls tell me the listing date of AML


5. zakir hussain  Mar 16, 2007 11:24:40 AM IST |   Reply  |  zakir hussain's messages

any pls tell me when is the listing date of AML.


4. Pritam  Feb 27, 2007 3:55:16 AM IST |   Reply  |  Pritam's messages

do not go for this ipo, sell it off on listing, This company is going to take atleast 2 years to develop


3. manish bhatiya  Feb 26, 2007 5:56:22 AM IST |   Reply  |  manish bhatiya's messages

chitan come out of an ipo dreamrun.because of sebi ban certain broker for doing insider trading in atlanta.i think now it is time to play safe in ipo.invest in only good ipo will give u return.if u keep on applying blindly in every ipo at the end of the day u are loser.
play safe:- (buy cinemax@120)
(buy akruti@390)
(buy cairn@120)
(buy shobha@700)
(buy atlanta@500)
(buy pyramid)
(buy tanla @cmp(2%circuit))


2. manish  Feb 25, 2007 9:52:22 PM IST |   Reply  |  manish's messages

i think because of poor mkt condition ,this will definately not going to fully oversubscribe & it will allot ipo at lowerband & date may going to extend like vejeshwari textile


1. chintan  Feb 17, 2007 9:47:07 PM IST |   Reply  |  chintan's messages

this is a very good ipo 100% export i think open on 150RS RUPEES