Incorporation and Initial Progress :
• The Company was incorporated as Aishwarya Telecom
Private Limited on June 2,1995 with the Registrar of
Companies, Andhra Pradesh, Hyderabad
• Mr. G Rama Manohar Reddy and Mrs. G Amulya Reddy
were the partners
• Took over the business of the partnership firm named
'Advanced Electronics & Communications System’.
• Subsequently, it was converted into a Public Limited
Company on July 12, 2005
Details of business
Aishwarya Telecom Limited (ATL) started its
operations in the year1995 with specialization in
designing, manufacturing and marketing of
Measuring equipment for Copper, Optical and Data
Networks. ATL is having strength of 61 employees.
ATL manufactures 22 types of testers and 17
products are having approval from Telecom
Engineering Centre (TEC).
Details of business
Currently, ATL manufactures products for
Providers, Defense Sector, Railways, Telecom
equipment manufacturing companies
Cable TV Operators. ATL is planning to expand in to
designing products for Defense Sector and
Educational Sector also.
»» Issue Open: April 15, 2008 - April 17, 2008
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 4,000,000 Equity Shares of Rs. 10
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 32 - Rs. 35 Per Equity Share
»» Market Lot: 200 Shares
»» Minimum Order Quantity: 200 Shares
»» Listing At.: BSE
Date of Incorporation
The Company was incorporated on May 14, 1998 as
Kiri Dyes and Chemicals PRIVATE Limited at
Ahmedabad, Gujarat under the Companies Act, 1956.
The company started exporting its products
to USA and Taiwan in 1999.
Manufactures high quality dyes and intermediates.
-Direct dyes as well as dye-intermediates
-Tray dried – powder.
-Granular, crude and reverse osmosis.
Date of Issue, Allotment and
KDCL converted into a public limited company vide
fresh certificate of incorporation dated May 3, 2006
issued by the Registrar of Companies, Gujarat.
It has been listed in BSE as well as NSE.
Fixed Price or Book Building
100% Book Building Process.
50% of the issue shall be allocated on proportionate
basis to Qualified Institutional Buyers ("QIBs").
Not less than 15% of the issue shall be available for
allocation to non Institutional Bidders.
Not less than 35% of the issue shall be available for
allocation to Retail Individual bidders.
Different Parties to the Issue
Category No. of
No. of Shares Subscription(No.
7711 2909835 2.22
30 683280 1.22
4 1477800 0.79
TOTAL 7745 5070915 1.35
Basis of Allotment
PUBLIC ISSUE OF 37,50,000 EQUITY SHARES
ISSUE PRICE Rs. 150/- PER EQUITY SHARE OF
FACE VALUE OF RS. 10 EACH.
AT A PRICE OF RS. 150/- PER EQUITY SHARE FOR
CASH AT A PREMIUM OF RS.140/-PER EQUITY
SHARE AGGREGATING RS. 5625 LAKHS (THE
THE ISSUE PRICE IS 15 TIMES OF THE FACE