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Sep 17, 2012, 05.07 PM IST
Thejo Engineering is the first company that will list its equity shares on the National Stock Exchange EMERGE SME platform on September 18, 2012. The issue price is fixed at lower end of price band of Rs 402-430 a share.
Thejo Engineering is an engineering solution provider for bulk material handling, mineral processing and corrosion protection to the core sector industries like mining, power, steel, cement, ports, fertilizers etc. The Rs 19-crore issue, which was opened during September 4-6, was subscribed over 1.5 times. The reserve portion of qualified institutional investors was fully subscribed and retail portion got oversubscribed 2.61 times while non-institutional investors covered 91% of their total reserved portion.
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