SRS Limited IPO opens from tomorrow - Indian IPO Blog

Monday, August 22, 2011

SRS Limited IPO opens from tomorrow

SRS Limited IPO, a company engaged in diversified businesses of Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations, is launching its IPO from tomorrow, i.e. August 23, 2011

The IPO would consist of 35,000,000 Equity Shares of Rs. 10/- each and would remain open for subscription till August 26, 2011. The Price Band for the IPO has been ascertained at Rs.58/- to Rs.65/- per equity share. The applications can be made in bid lot of 100 Equity Shares and in multiples thereof

The IPO has been assigned an IPO Grade 3/5 by credit rating agency ICRA. Karvy Investor Services Ltd,IDBI Capital Market Services Limited,SPA Merchant Bankers Limited are the Book Running Lead Managers to the Issue. Karvy Stock Broking Limited,SPA Securities Limited,Enam Securities Private Limited,SMC Global Securities Limited,Hem Securities Limited are the Syndicate Members, while BEETAL Financial & Computer Services Pvt. Ltd. is the Registrar to the Issue

The details of day-to-day subscription status will be updated regularly. Check back Indian IPO Blog for more on SRS Limited IPO! You may also want to check out Indian IPO Blog - Insights for fundamental analysis, news, views, reviews, ratings and insights into the latest IPOs in the Indian markets, including articles, opinions and write-ups on investing in general

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