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Last Updated : May 06, 2013 12:18 PM IST | Source: Moneycontrol.com

Sanco Industries files IPO papers with SEBI

Sanco Industries has filed a draft red herring prospectus (DRHP) with SEBI for a public issue of Rs 14 crore.


Electrical cables wires and plastic pipe manufacturer Sanco Industries filed a draft red herring prospectus (DRHP) with SEBI for a public issue of Rs 14 crore.


The company intends to use issue proceeds for capital expenditure on existing manufacturing capacity of PVC pipes and wire & cable; working capital requirement and general corporate purpose.


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Equity shares are proposed to be listed on the SME Platform of the NSE.

Keynote Corporate Services Limited is the book running lead manager and BEETAL Financial & Computer Services (P) Limited is the registrar to the issue.

First Published on May 4, 2013 05:13 pm
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