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Aries Agro Limited IPO (Aries Agro IPO) Detail

Dec 14, 2007 - Dec 19, 2007

Incorporated in 1969, Aries Agro Limited is in the business of manufacturing of micronutrients and other nutritional products for plants and animals.

Aries Agro Limited have wide range of products spread across 5 main categories namely, Multi-micro nutrient fertilizers, Chelated micro nutrient fertilizers, Specialty soluble fertilizers, Anti-bacterial products for agricultural use and Nutritional products for animals. These categories can be grouped under 3 segments namely, plant nutrients, insecticides and veterinary products.

Aries Agro Limited manufacturing facilities are located at Bangalore, Mumbai, Hyderabad and Kolkata. They have distribution network with 25 branches spread across all over India. Aries Agro Limited have been awarded with Quality Management System Standard ISO 9001:2000 from Kvalitet Veritas Quality Assurance.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Setting up of new manufacturing units at Ahmedabad, Lucknow, Hyderabad and an additional unit in Maharashtra;
2. To purchase Plant & Machinery at existing Factory in Mumbai;
3. For Capital expenditure on Mobile marketing;
4. Investment in Golden Harvest Middle East (FZC), UAE;
5. To meet General Corporate Expenses;
6. To meet the long term working capital requirements of the Company.

Aries Agro IPO Details

IPO Opening Date Dec 14, 2007
IPO Closing Date Dec 19, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹120 to ₹130 per equity share
Market Lot 50 Shares
Min Order Quantity 50 Shares
Listing At BSE, NSE
Issue Size4,500,000 Eq Shares of ₹10
(aggregating up to ₹58.50 Cr)

Aries Agro IPO Lot Size

The Aries Agro IPO market lot size is 50 shares. A retail-individual investor can apply for up to 30 lots (1500 shares or ₹195,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 50 ₹6,500
Maximum 30 1500 ₹195,000

Aries Agro IPO Subscription Status (Bidding Detail)

The Aries Agro IPO is subscribed 7.62 times on Dec 19, 2007 17:00. The public issue subscribed 6.46 in the retail category, 8.16 in the QIB category, and 8.51 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Aries Agro IPO Prospectus

Aries Agro IPO Rating

290
2.7
Rating:Rated 2.7 stars
Vote Here ...

Aries Agro IPO Listing Date

Listing Date Friday, January 11, 2008
BSE Script Code 532935
NSE Symbol ARIES
Listing In B1 Group of Securities
ISIN INE298I01015
IPO Price ₹130 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹130.00
₹150.00
₹150.00
₹261.00
₹251.60
NSE
₹130.00
₹160.00
₹145.10
₹261.00
₹251.40

Company Contact Information

Aries Agro Limited
Aries House,
Plot No.24, Deonar,
Govandi (East), Mumbai 400043, India
Phone: +91-22-25564052/53
Email: investorrelations@ariesagro.com
Website: http://www.ariesagro.com

Aries Agro IPO Registrar

Aarthi Consultants Pvt Ltd.

Phone: +91-40-27638111
Email: aries@aarthiconsultants.com
Website: http://www.aarthiconsultants.in/

Aries Agro IPO Reviews / Ratings

  • Business Line - Avoid
  • India Infoline Ltd - Apply
  • Khandwala Securities Ltd - Apply
  • KR Choksey Securities Ltd - Apply
  • Smart Investments Ltd - Avoid
  • S P Tulsian - Avoid

Aries Agro IPO FAQs

Aries Agro IPO is a main-board IPO of 4,500,000 equity shares of the face value of ₹10 aggregating up to ₹58.50 Crores. The issue is priced at ₹120 to ₹130 per equity share. The minimum order quantity is 50 Shares.

The IPO opens on Dec 14, 2007, and closes on Dec 19, 2007.

Aarthi Consultants Pvt Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Aries Agro IPO opens on Dec 14, 2007 and closes on Dec 19, 2007.

Aries Agro IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.

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

The Aries Agro IPO listing date is on Friday, January 11, 2008.

Aries Agro IPO Message Board

Ranked Members  Ranked Members

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156. rathod hiren |Feb 3, 2008 17:59
rpl application no.42785956 enqwary
155. rohtash kumar |Jan 24, 2008 20:56
i have not received refund till now my application no 1832674 for rs 45500/-
154. NASARVK |Jan 12, 2008 20:21
I have not yet received the refund of Aries Agro. When I will get?
153. Ramesh |Jan 11, 2008 15:16
Hi Guys,

Aries Agro has shown good result.At present Precission pipes is at lesser rate.According to experts they say it goes to 300 by tuesday.This is the right time to buy.Buy it at 150+ .
Regards,
Ramesh
152. AMAR |Jan 11, 2008 15:09
sptulsian is wrong dont beleive him , he did once again in aries
agro , he told dont invest see it is up 100 percent today , dont
beleive that person and dont take his words , he is frauding
retail investors
151. gsinhyd |Jan 11, 2008 13:41
very good listing..advice to book profits
150. Amar |Jan 11, 2008 11:50
Dear Friends

on dec 13th i predicted for 30% return but we gat 60 % on 1 st day...

book partial profit at 220

20. Amar 12/13/2007 3:03:49 AM EST (GMT -05:00)
GOOD IPO - will get 30% return in 15 days - not bad at all

its like Kaveri seeds ......u will get return on listing
149. bindass |Jan 11, 2008 11:10
see the bumper listing stock is 54% up trading at 202.30 at 11.10AM
148. Amar |Jan 10, 2008 20:08
Dear Chittorgarh

Correction pl-
listing date wednesday 11 th - pl correct to Friday 11 th


147. gsinhyd |Jan 10, 2008 11:59
got the refund...finally
---
aaarthi consultants is a laggard for sure
--
guys .be aware next time........
146. Pg |Jan 9, 2008 21:59
see this link: /newPortal/DiscView.asp?mid=1753&forum_id=34&
145. gsinhyd |Jan 9, 2008 18:14
Aarthi Consultants Private Limited
1-2-285, Domalguda, Hyderabad - 500029
Phones: 040-27638111/27634445/27642217/55611921
Fax: 040-27632184
E-Mail: info@aarthiconsultants.com
Website: www.aarthiconsultants.com
144. Mallikarjun |Jan 9, 2008 17:32
Dear MSr (MSG 141),
If you are an ICICI direct account holder, you can check your shares by going into Demat Allocation screen and then clicking ALLOCATE. There it shows the shares alloted with symbol NA.

Once on listing day, you may find the actual code for that Scrip.
143. gsinhyd |Jan 9, 2008 17:13
hi,
need to call Aarthi consultants...for refund
the number listed here is incorrect
--
Can someboday please share the correct number?..thanks
142. vnrao |Jan 9, 2008 16:47
Aries Agro to list on 11-01-08.
141. CHISUDH |Jan 9, 2008 16:22
My dear Msr when IPO listing will be out then only your shares will come in your dp a/c.
140. Msr |Jan 9, 2008 08:55
HI
Iam posting this 3rd time regarding Aries Agro shares in ur dp act.i got allotment for 50 shares..but not showing in my dp..please let me know asap.
139. Hardik Kothari |Jan 8, 2008 20:11
Does any one have an idea when is the listing date ?
138. Msr |Jan 8, 2008 08:55
HI
ANy one got the Aries agro shares in their DP acount.I got an allotment of 50 shares..but not showing in icicidirect.com..please let me know asp...
137. Ramesh |Jan 7, 2008 21:44

Have any one received refund by ECS???????