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Abhishek Mills Ltd IPO (Abhishek Mills IPO) Detail

February 20, 2007 - March 1, 2007

Abhishek Mills IPO is a book built issue of Rs 41.00 crores.

Abhishek Mills IPO bidding started from February 20, 2007 and ended on March 1, 2007. The shares got listed on BSE, NSE on March 19, 2007.

Abhishek Mills IPO price band is set at ₹90 to ₹100 per share. The minimum lot size for an application is 60 Shares. The minimum amount of investment required by retail investors is ₹6,000.

Uti Securities Ltd is the book running lead manager of the Abhishek Mills IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Abhishek Mills IPO RHP for detailed information.

Abhishek Mills IPO Details

IPO Date February 20, 2007 to March 1, 2007
Listing Date March 19, 2007
Face Value ₹10 per share
Price Band ₹90 to ₹100 per share
Lot Size 60 Shares
Total Issue Size4,100,000 shares
(aggregating up to ₹41.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Abhishek Mills IPO Lot Size

Investors can bid for a minimum of 60 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 60 ₹6,000
Retail (Max) 33 1980 ₹198,000
Lot Size Calculator

About Abhishek Mills Ltd

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 (Abhishek Mills IPO Objectives)

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.

Abhishek Mills IPO Subscription Status (Bidding Detail)

The Abhishek Mills IPO is subscribed 1.26 times on March 1, 2007 5:00:00 PM. The public issue subscribed 0.32 times in the retail category, 1.16 times in the QIB category, and 3.86 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Company name has been changed to Abhishek Corporation Limited.

IPO Notices

External Link

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.

Abhishek Mills IPO Prospectus

Abhishek Mills IPO Rating

Rating:Rated 3.2 stars
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Abhishek Mills IPO Listing Details

Listing Date March 19, 2007
BSE Script Code 532831
ISIN INE004I01017
Final Issue Price ₹100 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Abhishek Mills Ltd Contact Details

Abhishek Mills Ltd
Gat No. 148, amgaon, Kolhapur-Hupari Road,
Taluka Karveer,
District Kolhapur, Maharastra
Phone: + 91 231 2676191

Abhishek Mills IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Abhishek Mills IPO - Buy or Not

Abhishek Mills IPO Recommendation Summary

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Abhishek Mills IPO FAQs

Abhishek Mills IPO is a main-board IPO of 4,100,000 equity shares of the face value of ₹10 aggregating up to ₹41.00 Crores. The issue is priced at ₹90 to ₹100 per share. The minimum order quantity is 60 Shares.

The IPO opens on February 20, 2007, and closes on March 1, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Abhishek Mills IPO opens on February 20, 2007 and closes on March 1, 2007.

Abhishek Mills IPO lot size is 60 Shares, and the minimum amount required is ₹6,000.

You can apply in Abhishek Mills 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 Abhishek Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Abhishek Mills IPO allotment status.

The Abhishek Mills IPO listing date is on March 19, 2007.
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Abhishek Mills IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



7. amitkumararora |   Link |March 16, 2007 1:20:57 PM
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 |   Link |March 16, 2007 12:26:24 PM
any pls tell me the listing date of AML
5. zakir hussain |   Link |March 16, 2007 12:24:40 PM
any pls tell me when is the listing date of AML.
4. Pritam |   Link |February 27, 2007 4:55:16 AM
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 |   Link |February 26, 2007 6:56:22 AM
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 |   Link |February 25, 2007 10:52:22 PM
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 |   Link |February 17, 2007 10:47:07 PM
this is a very good ipo 100% export i think open on 150RS RUPEES