Tuesday, September 27, 2016

Aditya Consumer BSE SME IPO to open on Sep 29th

Aditya Consumer Marketing Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 4,000,000 Equity Shares of Rs 10 aggregating up to Rs 6.00 Cr. The price band for the issue has been fixed at Rs 15.

Aditya Consumer Marketing Ltd operate and manage chain of supermarkets under 9to9 brand name in Bihar, India. They also operates fine dining restaurants providing multi-cuisine foods and beverages on franchise basis under the Yo! China brand name; salon and spa services under 9to9 brand name; banquet and conference halls for corporate events and private parties such as birthday, marriage ceremony, anniversaries etc. under 9to9 brand name; and fast food take away outlets under Take-Away-Expres brand name.

The issue opens on Sep 29, 2016 and closes for subscription on Oct 05, 2016. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.