The IPO associated with Goyal Aluminiums Ltd. involved a public issue by Advitiya Trade India Limited (ATIL). This public offering comprised 28,72,000 equity shares, each with a face value of Rs. 10, offered at an issue price of Rs. 15 per share. The total size of this issue aggregated to Rs. 4.31 Crores.
Understanding the Goyal Aluminiums Ltd. IPO
While the IPO details are presented under the umbrella of Goyal Aluminiums Ltd., the actual public issue of equity shares was conducted by Advitiya Trade India Limited (ATIL). This indicates that ATIL was the company undergoing the initial public offering, and these details are pertinent to the IPO listed under Goyal Aluminiums.
An Initial Public Offering (IPO) marks a significant milestone for a company as it transitions from private to public ownership, allowing ordinary investors to purchase shares. For more insights into this specific offering, you can refer to details available on the Goyal Aluminiums Ltd IPO on Business Standard.
Key IPO Details
Here's a breakdown of the essential information regarding the public issue:
| Feature | Detail |
|---|---|
| Company Issuing Shares | Advitiya Trade India Limited (ATIL) |
| Total Equity Shares | 28,72,000 |
| Face Value per Share | Rs. 10 |
| Issue Price per Share | Rs. 15 |
| Total Issue Size | Rs. 4.31 Crores |
This IPO was structured to raise capital by offering a specific number of equity shares to the public at a predetermined price. The issue price of Rs. 15 per share, against a face value of Rs. 10, indicates a premium charged to investors, which is common in IPOs.
