MT Educare IPO opens from March 27, 2012

MT Educare Limited, an education support and coaching services provider for students in the secondary and higher secondary school, is coming up with an IPO for part financing the cost of construction of a PUC campus in Karnataka and establishing new Coaching Centres at 20 locations

The IPO would remain open for subscription between March 27, 2012 and March 29, 2012. The price band for the IPO is fixed at Rs.74/- to Rs.80/- per equity share for shares having a Face Value of Rs.10/- each. The company also provide coaching services for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations

Stay tuned to Indian IPO Blog for more on MT Educare Limited IPO!