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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.

Abhishek Mills IPO Details

Abhishek Mills IPO Date Feb 20, 2007 to Mar 1, 2007
Abhishek Mills IPO Face Value ₹10 per share
Abhishek Mills IPO Price ₹90 to ₹100 per share
Abhishek Mills IPO Lot Size 60 Shares
Issue Size4,100,000 shares of ₹10
(aggregating up to ₹41.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Abhishek Mills IPO Lot Size

The Abhishek Mills IPO lot size is 60 shares. A retail-individual investor can apply for up to 33 lots (1980 shares or ₹198,000).

Application Lots Shares Amount
Retail (Min) 1 60 ₹6,000
Retail (Max) 33 1980 ₹198,000
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 Subscription Status (Bidding Detail)

The Abhishek Mills IPO is subscribed 1.26 times on Mar 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)

Abhishek Mills IPO Prospectus

Abhishek Mills IPO Rating

32
3.2
Rating:Rated 3.2 stars
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Abhishek Mills IPO Listing Date

Listing Date Monday, March 19, 2007
BSE Script Code 532831
NSE Symbol ABHISHEK
Listing In B1 Group of Securities
ISIN INE004I01017
IPO Price ₹100 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹100.00
₹94.00
₹79.40
₹100.45
₹91.15
NSE
₹100.00
₹85.15
₹78.15
₹100.65
₹91.25

Company Contact Information

Abhishek Mills Ltd
Gat No. 148, amgaon, Kolhapur-Hupari Road,
Taluka Karveer,
District Kolhapur, Maharastra
Phone: + 91 231 2676191
Email: abhicots@vsnl.com
Website: http://www.abhishekmills.com

Abhishek Mills IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: aml-ipo@intimespectrum.com
Website: https://linkintime.co.in/

Abhishek Mills IPO Review

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 Feb 20, 2007, and closes on Mar 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 Feb 20, 2007 and closes on Mar 1, 2007.

Abhishek Mills IPO lot size is 60 Shares and the minimum order quantity is .

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, Edelweiss, 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 Monday, March 19, 2007.
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Abhishek Mills IPO Message Board

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7 Comments

7. amitkumararora |   Link |Mar 16, 2007 12:20:57 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 |Mar 16, 2007 11:26:24 AM
any pls tell me the listing date of AML
5. zakir hussain |   Link |Mar 16, 2007 11:24:40 AM
any pls tell me when is the listing date of AML.
4. Pritam |   Link |Feb 27, 2007 3:55:16 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 |Feb 26, 2007 5:56:22 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 |Feb 25, 2007 9:52:22 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 |Feb 17, 2007 9:47:07 PM
this is a very good ipo 100% export i think open on 150RS RUPEES