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Open
14 Mar 2017
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Close
16 Mar 2017
3
Allotment
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Listing
Fri, Mar 24, 2017
Price Band
₹45 per share
Issue Size
33,00,000 shares (agg. up to ₹15 Cr)
Lot Size
3,000 Shares
Listing Date
Fri, Mar 24, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 28.98x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| L&T Technology Services Ltd. | Mainboard | ₹894.40 Cr | ₹860 | null | ₹869.00 | +1.05% | ₹3,415.30 (-1.81%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 9.61 |
| 2 | Capital Expenditure | 2.04 |
| 3 | General Corporate Purpose | 2.70 |
| 4 | Public Issue Expenses | 0.50 |
About Airan IPO
Incorporated in 1995, Airan Ltd engaged in the activities of computer coaching. Currently the company is in Information Technology (IT) and Information Technology (IT) enabled services including Banking transaction processing services and Document management services for telecommunication companies, internet services provider, payment banks etc.During the year 2004-2014, Company have been appointed as sole coordinators for locations in Gujarat & Rajasthan State for Cash Management Services (CMS) operations of various banks and also providing services related to clearing operations for Citibank NA across their 9 locations in Western India. Company also develops customized software applications including modification in software application for its clients.+ Read More
Contact Details
Airan Ltd. Address408, Kirtiman ComplexB/h RembrandtC.G RoadAhmedabad, Gujarat, 380006+91 – 79 – 2646 2233shares@airanlimited.inVisit Website