Bajaj Corp IPO opens from August 02, 2010 - Indian IPO Blog

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Wednesday, July 28, 2010

Bajaj Corp IPO opens from August 02, 2010

Bajaj Corp Ltd., a part of Shishir Bajaj Group of Companies and the second largest in the group, is coming up with an IPO consisting of 4,500,000 Equity Shares, having a Face Value of Rs.5/- each

The objects of the issue are:
1. To promote future products;
2. For acquisitions and other strategic initiatives; and
3. Other general corporate purposes

Kotak Mahindra Capital Co. Ltd. is the Book Running Lead Manager to the Issue while Karvy Computershare Pvt. Ltd. is the registrar

Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair Care category. Bajaj Corp is one of India’s leading producers of hair oils and its main product is Bajaj Almond Drops

Bajaj Corp IPO has been assigned a CRISIL IPO Grade 4. (Click here for more on Bajaj Corp IPO Rating from CRISIL)

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