Sunday, January 24, 2010

IPO UPDATE AQUA LOGISTICS


Incorporated in 1999, Aqua Logistics Mumbai based third-party logistics service provider, delivering end-to-end solutions in the logistics and global supply chain domain. The company is full scope third party logistic service provider delivering end to end solutions in the logistic and supply chain domain, which include Multimodal Transportation, Contract Logistics, Regulatory Compliance, Warehousing, Valued added Services and Project Logistics.Issue Objectives
Purchase of Specialized Equipments
Expanison and Establishment of Offices
To finance the fund required for proposed aquisitions
Additional Working Capital requirememnts
General Corporate expensesIPO Grading / RatingICRA has assigned an IPO Grade 3 indicating average fundamentals.

Issue Open: Jan 25, 2010 - Jan 20, 2010
Issue Type: 100% Book Built Issue IPO
Issue Size: Equity Shares of Rs. 10
Issue Size: Rs.150 Crore
Face Value: Rs. 10 Per Equity ShareIssue Price: Rs. 220 - Rs. 230 Per Equity Share(Rs 5 Discount to retail investors)

Market Lot: 25 SharesMinimum

Order Quantity: 25

SharesListing At: BSE, NSE

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