Prakash Steelage Limited IPO opens from Thursday, August 5, 2010 - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Thursday, July 29, 2010

Prakash Steelage Limited IPO opens from Thursday, August 5, 2010

Prakash Steelage Limited (PSL), a PED certified Company, engaged in the manufacturing of seamless & welded stainless steel Pipes, Tubes and U-tubes, is coming up with an IPO of 6,250,000 Equity Shares of Rs.10 each

The objects of the Issue are to meet the expenses of the issue and listing and for:
1. Expansion of existing manufacturing facility at Umbergaon, Gujarat;
2. Meeting the additional working capital requirement;
3. General corporate purposes

Keynote Corporate Services Ltd. is the Book Running Lead Manager to the Issue, while Bigshare Services Pvt. Ltd. is the Registrar to the Issue

Prakash Steelage Limited IPO would be open for subscription between Thursday, Auguest 05, 2010 and Monday, August 09, 2010. Stay tuned for more on Prakash Steelage Limited IPO!

No comments:

Post a Comment

Neogen Chemicals IPO subscription status on Day 2

QIB: 0.95x HNI: 1.12x Retail: 3.14x Overall: 2.08 times