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Incorporated in 1994, Austral Coke & Projects Limited is engaged in the manufacture and sale of low ash metallurgical coke and refactory in India. LAM Coke produced by Austral is used as a reducing agent in blast furnaces for reducing iron or into hot metal in steel, foundries, zinc smelters, cement and Ferro alloy industries.
Company also deals in trading of textiles and rentals of construction and earthmoving machineries to medium/large construction companies who are engaged in the business of constructing/building of roads, airports, power projects, institutional & industrial complexes, multiplexes and residential buildings and other related infrastructural activities more importantly catering to Public Sector undertakings, private sector, CPWD and various national & international government aided projects.
Currently it has capacity to produce 375,000 MT coke per annum which is planned to increase up to 525,000 MT per annum by FY’09. Current capacity utilization of LAM Coke plant is 65% of 175,000 MTPA which is expected to increase up to 75% of 525,000 MTPA by FY'09. Company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.
| Particulars | For the year/period ended (Rs. in Lacs) | ||||
| 29-Feb-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 27395.04 | 19030.69 | 12811.11 | 4321.97 | 2031.96 |
| Profit After Tax (PAT) | 3517.25 | 914.79 | 202.07 | 127.74 | 30.51 |
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up of 1,50,000 MTPA of LAM Coke plant;
2. Captive Power plant of 8 MW;
3. Acquire prospecting Mining Licenses in India / internationally;
4. Prepayment of High cost debt;
5. General Corporate Purposes;
6. Expenses related to Fresh Issue.
| Austral IPO Date | Aug 7, 2008 to Aug 13, 2008 |
| Austral IPO Face Value | ₹10 per share |
| Austral IPO Price | ₹164 to ₹196 per share |
| Austral IPO Lot Size | 34 Shares |
| Issue Size | 7,260,000 shares of ₹10 (aggregating up to ₹142.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
The Austral IPO lot size is 34 shares. A retail-individual investor can apply for up to 30 lots (1020 shares or ₹199,920).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹6,664 |
| Retail (Max) | 30 | 1020 | ₹199,920 |
The Austral IPO is subscribed 1.65 times on Aug 13, 2008 5:00:00 PM. The public issue subscribed 0.69 times in the retail category, 0.62 times in the QIB category, and 7.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | Thursday, September 4, 2008 |
| BSE Script Code | 533016 |
| NSE Symbol | AUSTRAL |
| Listing In | B Group of Securities |
| ISIN | INE455J01019 |
| IPO Price | ₹196 per share |
| Face Value | ₹10 per share |
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Austral Coke & Projects Ltd
Diamond Chambers, 4 Chowringhee Lane,
Block No. 2, 7th Floor,
Unit No.-7-I, Kolkata-700016.
Phone: +91-33-22521799
Email: ipo@australcoke.com
Website: http://www.australcoke.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: austral.ipo@intimespectrum.com
Website: https://linkintime.co.in/
Austral IPO is a main-board IPO of 7,260,000 equity shares of the face value of ₹10 aggregating up to ₹142.30 Crores. The issue is priced at ₹164 to ₹196 per share. The minimum order quantity is 34 Shares.
The IPO opens on Aug 7, 2008, and closes on Aug 13, 2008.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Austral IPO opens on Aug 7, 2008 and closes on Aug 13, 2008.
Austral IPO lot size is 34 Shares and the minimum order quantity is .
You can apply in Austral 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 Austral IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Austral IPO allotment status.
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