Sejal Architectural to list on July 1

Sejal Architectural Glass, a glass processing house in India, will list on the bourses with its initial public offering of 9,194,155 equity shares of Rs 10 each on July 1, 2008. The issue price has been fixed at Rs 115 per share.

The issue had closed on June 12, 2008, and was subscribed 9.90 times. The Qualified Institutional Bidders portion was subscribed to approximately around 4.26 times; the Non-Institutional Bidders portion was subscribed to approximately around 33.18 times; the retail portion was subscribed to approximately around 7.96 times.

Saffron Capital Advisors Private Limited is the sole book running lead manager to this Issue.