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Wednesday, April 13, 2011

Servalakshmi Paper IPO opens for subscription from April 27, 2011

Servalakshmi Paper Ltd., engaged in the business of manufacturing Printing & Writing Paper and Newsprint, is coming up with an IPO of Equity Shares. The IPO would remain open for subscription between April 27, 2011 and April 29, 2011

The company intends to utilize the proceeds of the IPO for
1. Purchase of equipments for value added products
2. Meeting Long term working capital requirement;
3. Preliminary & Pre-Operative Expenses including expenses for IPO

Check back Indian IPO Blog for latest updates on Servalakshmi Paper Ltd. IPO!
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