Vishal Retail Limited to list on July 4, 2007

Bombay Stock Exchange has announced that effective from Wednesday, July 04, 2007 the equity shares of Vishal Retail Ltd (Scrip Code: 532867) shall be listed and admitted to dealings on the Exchange in the list of B1 Group.

The equity shares of Vishal Retail Limited (Symbol: VISHALRET) shall be listed and admitted to dealings on the National Stock Exchange w.e.f. July 4, 2007. Trading shall be in the Normal Market segment - Compulsory Demat (Rolling Settlement) for all investors.

The company issued shares a price of Rs. 270 Per share (Face Value of Rs. 10/- and Premium of Rs.260) in the recently concluded Initial Public Offering (IPO).

The ISIN No. of the company is INE945H01013. The Registrar to the issue is Intime Spectrum Registry Ltd.

The IPO received overwhelming response from investors resulting in huge oversubscription. The shares are expected to list well giving very good appreciation to lucky investors who got the allotment in the IPO.

Bennett & Coleman Co Ltd has 2054795 shares or 9.1737% of total shares. HDFC Ltd has 200000 shares or 0.8929% of shares.

Source : Equity Bulls

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