Analysis and Insights into the world of IPOs and investing in India

Wednesday, November 25, 2009

MBL Infrastructure IPO Bid Lot and Price Band

The bid lot for the upcoming IPO of MBL Infra is 35 Equity Shares and in multiples thereof. The IPO consists of 5,700,000 Equity Shares of Rs.10/- each and opens from Friday, November 27, 2009. The Equity Shares are offered in a price band of Rs.165/- to Rs.180/- per equity share.

The issue includes net issue to the public of 5,600,000 Equity Shares to the public and a reservation of upto 100,000 equity shares for subscription by eligible employees
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