Shri Aster Silicates Ltd.
Issue Open Date 24-Jun-10  
Issue Closing Date 28-Jun-10  
Application Money 100  
Allotment Money  
Price Band () 112 - 118  
Minimum Bid Quantity. 50  
Issue Size (Shares) 4500000  
Market Lot 1  
Objective

The present Issue is being made to raise the funds for the following purposes:1. Expansion of Manufacturing facilities2. Additional Working Capital Requirements3. Public Issue expenses

Business Description

Our Company is engaged in the business of manufacturing of sodium silicate which includes foodgrade sodium silicate, special drilling grade silicate and detergent grade silicate. We producesodium silicate both in glass and liquid form. Food grade sodium silicate is used in themanufacturing of Silica precipitate and Gel which finds its applications in toothpaste, salt,cosmetics, glucose powder,...

Promoter's Holding
Total Share Capital   10361111  
Offered to Public   4500000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   49.8  
Address
Address :Plot No.831
B/h Jm Huber Chemicals
Jhagadia Gidc
Jhagadla
City :Bharuch, State :Gujarat Pincode :393110 Phone : Email : ipo@astersilicatesltd.com Website : www.astersilicatesltd.com
Registrar
Sharepro Services (India) Pvt Ltd
3
Chintamani Apartments Lane No.13 824/D
Bhandarkar Road
Pune
Listed at
BSE, NSE
Lead Manager
Saffron Capital Advisors Pvt Ltd
Promoters
Mahesh A. Maheshwari
Namrata Mahesh Maheshwari
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