Avoid PG Electroplast IPO: MLR Research Report - Indian IPO Blog

Thursday, September 8, 2011

Avoid PG Electroplast IPO: MLR Research Report

MLR Research has come out with a research report recommending the investors to Avoid the IPO of PG Electroplast Limited. The IPO opened for subscription from September 7, 2011 and would close on September 12, 2011. The shares are offered in a price band of Rs.190/- to Rs.210/- per equity share with a Face Value of Rs.10/- per share

PG Electroplast Limited manufactures and assembles a comprehensive range of consumer electronic components and finished products such as colour television (CTV) sets & components, air conditioners (ACs) sub-assemblies, DVD players and Compact Fluorescent Lamps (CFL) for third parties. As backward integration, it also does plastic injection moulding and manufacture printed circuit boards (PCB) assemblies for CTVs, DVD players and CFL

Click here to read more on recommendation from MLR Research!

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