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.
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 Open: Feb 20, 2007 - Mar 1, 2007
Company name has been changed to Abhishek Corporation Limited.
»» 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
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 & Time||Qualified Institutional Buyers (QIBs)||Non Institutional Investors (NIIs)||Retail Individual Investors (RIIs)||Employee Reservations||Total|
|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
Abhishek Mills IPO Rating
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|
|Last Trade:||Rs. 91.15|
Abhishek Mills IPO Prospectus
Company Contact Information
Registered Office :
Gat No. 148, amgaon, Kolhapur-Hupari Road,
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
Abhishek Mills IPO Lead Manager(s)
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Abhishek Mills IPO Messages (Abhishek Mills IPO Comments)
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7. amitkumararora Mar 16, 2007 1:20:57 PM IST |
amitkumararora's - IPO Comments, Public Profile
It is listing on 19.03.2007 i.e. monday.Circular Released
Amd Metplast is also listing on same Day.
Hope Retail allottees will be able to recover their Hard
6. venkatesan Mar 16, 2007 12:26:24 PM IST |
venkatesan's - IPO Comments, Public Profile
any pls tell me the listing date of AML
5. zakir hussain Mar 16, 2007 12:24:40 PM IST |
zakir hussain's - IPO Comments, Public Profile
any pls tell me when is the listing date of AML.
4. Pritam Feb 27, 2007 4:55:16 AM IST |
Pritam's - IPO Comments, Public Profile
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 6:56:22 AM IST |
manish bhatiya's - IPO Comments, Public Profile
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 tanla @cmp(2%circuit))
2. manish Feb 25, 2007 10:52:22 PM IST |
manish's - IPO Comments, Public Profile
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 10:47:07 PM IST |
chintan's - IPO Comments, Public Profile
this is a very good ipo 100% export i think open on 150RS RUPEES