Pennar Engineered Buildings Systems Limited files DRHP for IPO

Pennar Industries Ltd's subsidiary company M/s. Pennar Engineered Buildings Systems Limited has filed a Draft Red Herring Prospectus with Securities Exchange Board of India (SEBI) on March 27, 2015. The proposed initial public offer consists of fresh issue of equity shares and offer for sale by selling shareholders.

Shares of PENNAR INDUSTRIES LTD. was last trading in BSE at Rs.53.3 as compared to the previous close of Rs. 53.85. The total number of shares traded during the day was 112980 in over 1151 trades.

The stock hit an intraday high of Rs. 55.05 and intraday low of 53.3. The net turnover during the day was Rs. 6133714.

Source : Equity Bulls

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