Allied Digital Services Limited IPO closes today

The Initial Public Offering of Allied Digital Services Limited which opened for subscription on July 2, 2007 will be closing today - July 5, 2007. The company is coming out with an Initial Public Offering (IPO) of 45,22,435 Equity Shares of Rs.10 each at a price band of Rs.Rs. 170/- to Rs. 190/- through 100% Book Building Process.

Anand Rathi Securities Ltd is the Book Running Lead Manager to the issue. Anand Rathi Securities Ltd. and Enam Securities Pvt. Ltd are the Syndicate members for the issue.

Intime Spectrum Registry Ltd is the Registrar to the issue.

Out of the issue, 2161217 equity shares are reserved for Qualified Institutional Buyers (QIBs), 648365 shares to Non Institutional Investors, 1512853 shares to Retail Individual Investors (RIIs) and 200000 shares to Employees.

Click Here to view website of Allied Digital Services Limited

Click Here to view the prospectus of Allied Digital Services Limited

Source : Equity Bulls

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