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Open
17 Apr 2018
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Close
19 Apr 2018
3
Allotment
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Listing
Fri, Apr 27, 2018
Price Band
₹56 per share
Issue Size
18,00,000 shares (agg. up to ₹10 Cr)
Lot Size
2,000 Shares
Listing Date
Fri, Apr 27, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.30x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 40.26 | 33.82 | 31.31 | 25.49 |
| Total Income | 31.15 | 33.58 | 24.91 | 23.05 |
| Profit After Tax | 0.68 | 1.10 | 0.44 | 1.01 |
| NET Worth | 17.66 | 16.97 | 15.92 | 6.78 |
| Reserves and Surplus | 12.71 | 12.02 | 10.92 | 4.78 |
| Total Borrowing | 13.78 | 12.31 | 11.24 | 13.14 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment of Cash Credit Facilities | 3.00 |
| 2 | Repayment of Unsecured Loans | 2.00 |
| 3 | Working Capital Requirement | 2.08 |
| 4 | General Corporate Purpose | 2.50 |
About Aakash Exploration IPO
Incorporated in 2007, Gujarat based Aakash Exploration Services Limited is a company engaged in providing services for Oil and Gas Exploration. The company is an ISO 9001 14001 and OHSAS 18001 certified company. It provides Mobile Work Over Rigs, Hot Oil Circulation Unit, Air Compressor, Mobile Steaming Unit (Boiler), Mobile Pumping Unit, Crane, Manpower Services, SRP Unit supply and Maintenance and other similar Services.Aakash Exploration is providing Oil and Gas field Services to M/S Oil & Natural Gas Corporation Ltd (A Govt. of India Company), Ahmedabad, Mehsana and Hazira Projects and also providing similar services to private oil field operators namely GSPCL, Cairn, Essar, Great Eastern Energy, IOC, Niko, OIL, Price Petroleum etc to their extreme satisfaction. Aakash Exploration Services Limited is a national group of Oil and Gas Field Services with a staff of more than 250 employees and operating in more than 7 states of India.+ Read More
Contact Details
Aakash Exploration Services Ltd. Address424-426, 4th FloorShukan Mall, Nr.Visat Petrol PumpSabarmatiAhmedabad, Gujarat, 380005+91 79-48006633/ 65423366hemang@aakashexploration.comVisit Website