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Wednesday, May 11, 2011

Servalakshmi Paper Limited will list its equity shares on Thursday, May 12, 2011. Servalakshmi Paper Limited had come up with an IPO in a price band of Rs.27/- to Rs.29/- per equity share, having a Face Value of Rs.10/- each

The Objects of the issue are to meet expenditure for purchase of equipments for value added products, meeting long term working capital requirement and meeting preliminary and pre-operative expenses

The IPO was bid 1.47 times on an overall basis and 1.90 times in the Retail Category. Stay tuned to Indian IPO Blog for the latest updates on Servalakshmi Paper Limited IPO!

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