Published on Mon, Jul 09, 2007 at 16:08 | Source : Moneycontrol.com
Updated at Mon, Jul 09, 2007 at 16:42
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Ankit Metal to list on July 10
After receiving modest response to its initial public offering, Ankit Metal and Power, a Kolkata-based steel manufacturer, will list on the bourses with 32875500 shares on July 10, 2007. The offer price fixed at Rs 36 per share.
After receiving modest response to its initial public offering, Ankit Metal and Power, a Kolkata-based steel manufacturer, will list on the bourses with 32875500 shares on July 10, 2007. The offer price fixed at Rs 36 per share.
The company had entered capital market with an initial public offering, IPO of 1.19 crore equity shares at a price band of Rs 30-36 per share. The issue was subscribed 1.58 times.
The company raised capital from the public mainly to part finance an integrated steel plant in Bankura, West Bengal.
Post the issue the promoter and promoter group holding stood at 70.83%.
After receiving modest response to its initial public offering, Ankit Metal and Power, a Kolkata-based steel manufacturer, will list on the bourses with 32875500 shares on July 10, 2007. The offer price fixed at Rs 36 per share.
