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Aishwarya Telecom Limited IPO (Aishwarya Telecom IPO) Detail

April 15, 2008 - April 17, 2008

Aishwarya Telecom IPO is a book built issue of Rs 14.00 crores.

Aishwarya Telecom IPO bidding started from April 15, 2008 and ended on April 17, 2008. The shares got listed on BSE on May 7, 2008.

Aishwarya Telecom IPO price band is set at ₹32 to ₹35 per share. The minimum lot size for an application is 200 Shares. The minimum amount of investment required by retail investors is ₹7,000.

Srei Capital Markets Ltd is the book running lead manager of the Aishwarya Telecom IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Aishwarya Telecom IPO RHP for detailed information.

Aishwarya Telecom IPO Details

IPO Date April 15, 2008 to April 17, 2008
Listing Date May 7, 2008
Face Value ₹10 per share
Price Band ₹32 to ₹35 per share
Lot Size 200 Shares
Total Issue Size4,000,000 shares
(aggregating up to ₹14.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE

Aishwarya Telecom IPO Lot Size

Investors can bid for a minimum of 200 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) 1 200 ₹7,000
Retail (Max) 28 5600 ₹196,000
Lot Size Calculator

About Aishwarya Telecom Limited

Incorporated in 1995, Aishwarya Telecom Limited is ISO 9001:2000 Certified Company manufacturing Fiber Optic Test Equipments and Cable Fault Locators. Currently, ATL manufactures products for Telephone Service Providers, Defence Sector, Railways, Telecom equipment manufacturing companies and Cable TV Operators.

ATL has 9 R & D, 4 Customer Support, 20 Marketing, 45 Production and 10 Administration Personnel. ATL is planning to expand in to designing products for Defence Sector and Educational Sector.

ATL manufactures a wide range of Telecom Fiber Optic products and supplies to Bharat Sanchar Nigam Limited, Tata Tele Services, Bharati Telenet, HFCL public sectors defence sectors like ECIL in India. ATL is exporting cable fault locators to countries like France, Taiwan, Czech Republic, Riyadh, Dubai etc.

Company Financials

ParticularsFor the year/period ended (Rs. in lakhs)
 31-Mar-0731-Mar-0631-Mar-0531-Mar-04
  Total Income2242.131692.51780.39566.16
  Profit After Tax (PAT)302.99235.38117.3654.12

Objects of the Issue (Aishwarya Telecom IPO Objectives)

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Fund the Capital Expenditure for Research & Development of Main Frame Optical Time Domain Reflecto Meter (OTDR) in collaboration with IIT, Chennai;
2. Fund the Capital Expenditure for Research & Development of Ethernet Traffic Analyzers;
3. Fund the cost of Global System for Mobile Communication (GSM)/ General Packet for Radio Service (GPRS)/Code Division Multiple Access (CDMA) Analyzers for providing Technical Audit Services to the Mobile Operators;
4. Purchase land & construct building for new corporate, marketing, administrative and R&D office at Hyderabad;
5. Purchase land & construction of building for a new production unit at Hyderabad;
6. Meet additional working capital requirements for its operations;
7. Meet the expenses of this Issue.


Aishwarya Telecom IPO Subscription Status (Bidding Detail)

The Aishwarya Telecom IPO is subscribed 20.00 times on April 17, 2008 5:00:00 PM. The public issue subscribed 33.99 times in the retail category, 8.44 times in the QIB category, and 29.14 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Aishwarya Telecom IPO Prospectus

Aishwarya Telecom IPO Rating

363
2.5
Rating:Rated 2.5 stars
Vote Here ...

Aishwarya Telecom IPO Listing Details

Listing Date May 7, 2008
BSE Script Code 532975
NSE Symbol
ISIN INE778I01024
Final Issue Price ₹35 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹35.00
₹50.10
₹50.10
₹93.00
₹90.85

Check IPO Performance…

Aishwarya Telecom Limited Contact Details

Aishwarya Telecom Limited
3-C Samrat Commercial Complex,
Opp. A G Office, Saifabad, Khairatabad,
Hyderabad, Andhra Pradesh 500 004
Phone: + 91-40 2323 6019
Email: ipo@aishwaryatelecom.com
Website: http://www.aishwaryatelecom.com

Aishwarya Telecom IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: Ashok@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Aishwarya Telecom IPO - Buy or Not

Aishwarya Telecom IPO Recommendation Summary

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Members 0 0 0

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Aishwarya Telecom IPO FAQs

Aishwarya Telecom IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹14.00 Crores. The issue is priced at ₹32 to ₹35 per share. The minimum order quantity is 200 Shares.

The IPO opens on April 15, 2008, and closes on April 17, 2008.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE.

The Aishwarya Telecom IPO opens on April 15, 2008 and closes on April 17, 2008.

Aishwarya Telecom IPO lot size is 200 Shares, and the minimum amount required is ₹7,000.

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

The Aishwarya Telecom IPO listing date is on May 7, 2008.
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Aishwarya Telecom IPO Message Board

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238 Comments

238. bsb |   Link |  Bookmark |July 18, 2008 9:44:35 PM
Don't go anywhere near this stock. At any price.
237. Kesavan |   Link |  Bookmark |July 11, 2008 2:23:53 PM
Guys,

What's happening on this Aishwarya scrip. Now it is going UP, but no one is ready sell...

Is this good time to buy again to average it or shall i need to wait to come UP more...

Please advice.
236. Kesavan |   Link |  Bookmark |July 4, 2008 3:09:29 PM
Guys,

Any expert advice on why this scrip was not performing well...

Is it due to bad market condition or due to fundamentally something wrong with the scrip...

Your expertise advice will help just for heads up to all who has bought shares.
235. krishnan |   Link |  Bookmark |June 26, 2008 11:29:05 AM
WHY SHARE VALUE GETTING DOWN DAY BY DAY CAN ANY ONE EXPLAIN
234. jagadish |   Link |  Bookmark |June 21, 2008 5:37:53 PM
How can you say it will touch 500/- any basic thinkings
If it is so i also will accept the same
regards
233. Rajesh |   Link |  Bookmark |June 18, 2008 1:22:18 PM

Just pick this right no... it will cross 85 again soon.
232. Kesavan |   Link |  Bookmark |June 13, 2008 11:40:35 AM
Hello friends,

I am seeing today trading is happening for this ATL scrip.

Is it something we should happy about this scrip or things may worsen in future.
231. Komal |   Link |  Bookmark |June 12, 2008 5:37:28 PM
Hi Guys,

I think this company is fraud and evryone is selling the shares.However, if you look at the comments of experts,when it was listed in BSE, they had predicted at substantial increase in the share price. But, since last 7 days it is on lower circuit sale. I think as predicted by few people,the share value may come down to Rs.18 and may vanish from BSE within 4 months. I don't see any reaction from the big bulls or promoters! This is toooooooooooo much.Guys, you should decide on it!!!!!!!!!!!!????
230. Kesavan |   Link |  Bookmark |June 11, 2008 2:19:26 PM
Hello friends,

Can anyone tell how this aishwarya telecom share going to trade in BSE in future....

No one is ready to buy the shares...Is it something wrong with the company and something wrong with market....

I need some expertise advice in this regard...

Your quick advice will really helpful...

Thank you in advance.
229. IPO DON |   Link |  Bookmark |June 6, 2008 10:12:37 PM
Hello! SMALL TRADER. This share faced the lower caps of 10 % continuosly three times and caps of 5% continuosly three time till the date and it feels that three is no chance to break this tendency of share.The BSE knows very well the tendency of promoters of such type companies,so they apply reducing the cap from 20 to 10 and 10 to 5. They prevents the investors but promoters want to way of earn the money by the manuplation. They are not involve in own telecom business. They know only manuplation.So it is not being list in NSE.As per Shareguru Its actual pice is below 53. I think its actual price is not below Rs. 18/-.but treat
ZERO. The company will not show on BSE INDEX AFTER 2008.
I humbly reqest to investors that do not deal the such kind of company"s share which list in BSE Only and not in NSE. THANKS
228. SMALL TRADER |   Link |  Bookmark |June 2, 2008 7:06:29 PM
I think i am lucky selling this at 116. But still i make a loss of around 1.25L. What if i had waited for this stock to recover........ (It has touched Rs84 now)
227. Kenny |   Link |  Bookmark |May 27, 2008 12:07:41 AM
can anybody please advise me about Aishwarya Telecom shares. it is still falling, today it closed at 99, will it go further down or not, can we buy it. what are the prospects of his share.
226. SMALL TRADER |   Link |  Bookmark |May 24, 2008 12:09:46 PM
Hi Sha,
Any news for aishwarya to make it to 500. If u can actually see comments below, ppl who predicted the high for this stock.i.e Rs.135 have also said that it will touch 18 in 3 months.
Someone share ur knowledge about this company..

Regards...
225. Sha |   Link |  Bookmark |May 22, 2008 5:37:48 PM
It will hit 500 in 2 month
224. Hitesh Solanki |   Link |  Bookmark |May 22, 2008 5:23:53 PM
What is the next targer of Aishwarya Telecom. Today May,22nd 2008, it was closed at 107/- around now what is the next high target and when??

Please let me know so i can invest my share in it. please reply soon on my email address.

1neside@gmail


Thanking You,

Regards,

Hitesh N. Solanki
223. SMALL TRADER |   Link |  Bookmark |May 16, 2008 12:04:18 PM
Hello IPO Don & Aishwarya Super Listing

Its amazing that u could predict the high for this stock very accurately., i.e 135. Please let me know if i could hold on to it or sell it. If i sell at 125. i will be making a loss of Rs70k. Let me know if i could recover it if i hold it for a few more days.
I will be in very bad trouble if i lose this money. Please advice me on this..
222. vipinparakh |   Link |  Bookmark |May 16, 2008 10:46:55 AM
anyone have idea about aiswariya pls tell me i thin this is not good company
221. vipinparakh |   Link |  Bookmark |May 16, 2008 10:38:12 AM
sell aiswariya tele taget 35 rupees frod company sell it
220. HOT STOCKS |   Link |  Bookmark |May 15, 2008 9:12:31 PM
HOT STOCKS FOR NEXT SOME DAYS:

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SOURCE: PRIVATE

219. mehul |   Link |  Bookmark |May 14, 2008 8:28:44 PM
can any one give me sebi's email add.,CNBC Avas E.mail