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Tuesday, December 28, 2010

The price band for the upcoming IPO of C Mahendra Exports Ltd. is set at Rs.95/- to Rs.110/- per equity share for shares having a Face Value of Rs.10/- each. Correspondingly, the bid lot or the minimum lots in which the bids can be made would be 60 Equity Shares and in multiples thereof

C Mahendra Exports is entering capital market with an initial public offer (IPO) of 1.5 Crore Equity Shares of Rs.10/- each. C. Mahendra Exports Ltd. is a leading diamond and jewellery company. The group is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery. C Mahendra Exports sells jewellery products like rings, earrings, necklace sets, bracelets, etc. under their flagship brand "Ciemme"

Check back Indian IPO Blog for latest updates on C Mahendra Exports IPO!

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