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Aries Agro Limited IPO (Aries Agro IPO) Detail

December 14, 2007 - December 19, 2007

Aries Agro IPO is a book built issue of Rs 58.50 crores.

Aries Agro IPO bidding started from December 14, 2007 and ended on December 19, 2007. The shares got listed on BSE, NSE on January 11, 2008.

Aries Agro IPO price band is set at ₹120 to ₹130 per share. The minimum lot size for an application is 50 Shares. The minimum amount of investment required by retail investors is ₹6,500.

Srei Capital Markets Ltd is the book running lead manager of the Aries Agro IPO, while Aarthi Consultants Pvt Ltd. is the registrar for the issue.

Refer to Aries Agro IPO RHP for detailed information.

Aries Agro IPO Details

IPO Date December 14, 2007 to December 19, 2007
Listing Date January 11, 2008
Face Value ₹10 per share
Price Band ₹120 to ₹130 per share
Lot Size 50 Shares
Total Issue Size4,500,000 shares
(aggregating up to ₹58.50 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Aries Agro IPO Lot Size

Investors can bid for a minimum of 50 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 50 ₹6,500
Retail (Max) 30 1500 ₹195,000
Lot Size Calculator

About Aries Agro Limited

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 (Aries Agro IPO Objectives)

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 Subscription Status (Bidding Detail)

The Aries Agro IPO is subscribed 7.62 times on December 19, 2007 5:00:00 PM. The public issue subscribed 6.46 times in the retail category, 8.16 times in the QIB category, and 8.51 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Aries Agro IPO Prospectus

Aries Agro IPO Rating

Rating:Rated 2.7 stars
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Aries Agro IPO Listing Details

Listing Date January 11, 2008
BSE Script Code 532935
ISIN INE298I01015
Final Issue Price ₹130 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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Aries Agro Limited Contact Details

Aries Agro Limited
Aries House,
Plot No.24, Deonar,
Govandi (East), Mumbai 400043, India
Phone: +91-22-25564052/53

Aries Agro IPO Registrar

Aarthi Consultants Pvt Ltd.

Phone: +91-40-27638111

Aries Agro IPO - Buy or Not

Aries Agro IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 3 0 3
Members 0 0 0

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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 share. The minimum order quantity is 50 Shares.

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

Aries Agro IPO lot size is 50 Shares, and the minimum amount required is ₹6,500.

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, Nuvama, 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 January 11, 2008.
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Aries Agro IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



156. rathod hiren |   Link |February 3, 2008 6:59:48 PM
rpl application no.42785956 enqwary
155. rohtash kumar |   Link |January 24, 2008 9:56:30 PM
i have not received refund till now my application no 1832674 for rs 45500/-
154. NASARVK |   Link |January 12, 2008 9:21:26 PM
I have not yet received the refund of Aries Agro. When I will get?
153. Ramesh |   Link |January 11, 2008 4:16:51 PM
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+ .
152. AMAR |   Link |January 11, 2008 4:09:39 PM
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 |   Link |January 11, 2008 2:41:48 PM
very good listing..advice to book profits
150. Amar |   Link |January 11, 2008 12:50:20 PM
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 |   Link |January 11, 2008 12:10:42 PM
see the bumper listing stock is 54% up trading at 202.30 at 11.10AM
148. Amar |   Link |January 10, 2008 9:08:49 PM
Dear Chittorgarh

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

147. gsinhyd |   Link |January 10, 2008 12:59:44 PM
got the refund...finally
aaarthi consultants is a laggard for sure
guys .be aware next time........
146. Pg |   Link |January 9, 2008 10:59:19 PM
see this link: /newPortal/DiscView.asp?mid=1753&forum_id=34&
145. gsinhyd |   Link |January 9, 2008 7:14:02 PM
Aarthi Consultants Private Limited
1-2-285, Domalguda, Hyderabad - 500029
Phones: 040-27638111/27634445/27642217/55611921
Fax: 040-27632184
144. Mallikarjun |   Link |January 9, 2008 6:32:03 PM
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 |   Link |January 9, 2008 6:13:12 PM
need to call Aarthi consultants...for refund
the number listed here is incorrect
Can someboday please share the correct number?..thanks
142. vnrao |   Link |January 9, 2008 5:47:59 PM
Aries Agro to list on 11-01-08.
141. CHISUDH |   Link |January 9, 2008 5:22:40 PM
My dear Msr when IPO listing will be out then only your shares will come in your dp a/c.
140. Msr |   Link |January 9, 2008 9:55:14 AM
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 |   Link |January 8, 2008 9:11:18 PM
Does any one have an idea when is the listing date ?
138. Msr |   Link |January 8, 2008 9:55:53 AM
ANy one got the Aries agro shares in their DP acount.I got an allotment of 50 shares..but not showing in let me know asp...
137. Ramesh |   Link |January 7, 2008 10:44:45 PM

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