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 Size	4,500,000 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 7.62x times on Dec 19, 2007 17:00. The public issue subscribed 6.46x in the retail category, 8.16x in the QIB category, and 8.51x in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
Total	7.62x

Aries Agro IPO Prospectus

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Aries Agro IPO Rating

290

2.7

Rating:

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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
Volume

BSE
₹130.00
₹150.00
₹150.00
₹261.00
₹251.60
21,395,103

NSE
₹130.00
₹160.00
₹145.10
₹261.00
₹251.40
22,502,724

Aries Agro IPO Reviews / Ratings

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Business Line - Avoid
Khandwala Securities Ltd - Subscribe
Smart Investments Ltd - Avoid

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.
   Aarthi Consultants Private Limited,
   1-2-285, Domalguda,
   Hyderabad - 500029

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

Aries Agro IPO Lead Manager(s)

SREI Capital Markets Ltd

Lead Manager Reports

Aries Agro IPO FAQs

What is Aries Agro IPO?

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.
When Aries Agro IPO will open?

The Aries Agro IPO opens on Dec 14, 2007 and closes on Dec 19, 2007.
What is the lot size of Aries Agro IPO?

Aries Agro IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.
How to apply for Aries Agro IPO?

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.
When Aries Agro IPO allotment?

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.
When is Aries Agro IPO listing date?

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

Aries Agro IPO Message Board

Ranked Members

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???????

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