By | October 1, 2016
Art Nirman Ltd.
14, JBR Arcade, 2nd Floor, Near R.K. Royal Hall, Science City M , Ahmedabad , Gujarat – 380060
Phone: 8866404499
Public Issue of 2004000 Equity Shares of Rs 10 each for Cash at a Premium of Rs 15 per share.
Issue Open Date Issue Closing Date Application Money Allotment Money
30/09/2016 07/10/2016 25
Lead Managers Registrar Listed at
HEM SECURITIES LIMITED SHAREX DYNAMIC (INDIA) PRIVATE LIMITED
Unit 1, Luthra Industrial Premises, , Safed Pool, Andheri – Kurla Road,
, Andheri (East)
, Mumbai , Maharashtra – 400072
Phone: 28515606 Fax: 28512885
NSE
Object of the issue
The Issue includes a fresh Issue of 20,04,000 Equity Shares of the Company at an Issue Price of Rs.25.00 per Equity Share. The Company intend to utilize the proceeds of the Issue to meet the following objects:

1. To meet Working Capital Requirement

2. General Corporate Purpose

3. To Meet the Issue Expenses

Project Cost
(Rs.)
ISSUE EXPENSES 4,000,000.00
WORKING CAPITAL REQUIREMENTS 42,500,000.00
GENERAL CORPORATE EXPS. 3,600,000.00
TOTAL COST 50,100,000.00
Means of Finance
(Rs.)
PUBLIC ISSUES 50,100,000.00
TOTAL COST 50,100,000.00
Promoted by
Mr. Ashokkumar Raghuram Thakker is the Promoter of the Company.

As on the date of this Draft Prospectus, Mr. Ashokkumar Raghuram Thakker holds 55,94,995 Equity Shares. The Promoter and Promoter Group will continue to hold the majority of the post-issue paid-up equity share capital of the Company.

Mr. Ashokkumar Raghuram Thakker: Managing Director

Age 43 years
Address A-69, New Nikita Park, Near Sun N Step Club,

Thaltej, Ahmedabad, Gujarat – 380-059

Qualification B. Com (II year)
Experience 25 years
Occupation Business
Permanent Account Number AARPT7698E
Passport Number G8736233
Name of Bank & Bank Account

Details

HDFC Bank

Branch: Science City, Ahmedabad

Bank A/c No.: 50200007140059

Driving License Number GJ02 19930119336
Voter Identification Card Number LBR5823885
No. of Equity Shares held in ANL

[% of Shareholding (Pre Issue)]

55,94,995 Equity Shares;99.91(%) of Pre-Issue Paid up capital
Other Interests Directorships in other Companies:

• Art Club Private Limited

• Dat Hotels and Resorts Private Limited

LLP’s:

• Vishnudhara Buildcon LLP

• Vedanshi Buildcon LLP

• Art Infocom LLP

Partnership Firms:

• M/s Dhara Infrastructure

• M/s Prathana Developers

• M/s Gajanand Associates

• M/s Dhara Developers

Sole Proprietorship Firms:

• M/s Kiritkumar Raghurambhai

• Ashokkumar Raghuram Thakker HUF (

as Karta)

• Raghurambhai V. Thakker HUF (as

Member)

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