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Thursday, December 2, 2010

Ravi Kumar Distilleries IPO to open from December 8, 2010

Ravikumar Distilleries Ltd., engaged in the business of manufacturing of Indian Made Foreign Liquors (IMFL) products, is coming up with an Initial Public Offer of 11,500,000 Equity Shares of Rs.10/- each in a price band of Rs.56/- to Rs.64/- per equity share. The price band, thus at the lower end would be 5.6 times the Face Value and 6.4 times at the upper end

The IPO would remain open for subscription from Wednesday, December 8, 2010 and Friday, December 10, 2010. Comfort Securities Pvt. Ltd. is the book running lead manager to the issue, while Karvy Computershare Pvt. Ltd. is the Registrar to the Issue

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