SRS IPO Price Band announced

The price band for the upcoming IPO of SRS Limited, which would open for subscription from August 23, 2011 has been fixed. The shares will be offered in a Price Band of Rs.58/- to Rs.65/- per equity share

SRS Limited is engaged in the business, which is quite diversified and consists of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. SRS Limited operates 23 SRS Value Bazaar Retail stores, 15 food courts and 30 cinema screens in North India and 5 jewellery retail and wholesale outlets and a jewellery manufacturing unit in Delhi. It intends to use these proceeds for setting up cinemas, food courts and restaurants, retail stores and jewellery manufacturing facility

Stay tuned to Indian IPO Blog for the updates on SRS Limited IPO!