Magnum Ventures Limited IPO opens on August 27, 2007

The Initial Public Offering (IPO) of Magnum Ventures Limited will open for subscription by ivestors on August 27, 2007. The Company is coming out with an IPO of 17640750 Equity Shares of Rs.10 each for cash at a price band of Rs.27/- to Rs.30/- per share through 100% book building process.

The Issue will constitute 46.92% of the post-issue paid-up capital of the company.

The Book Running Lead Manager to the issue is SREI Capital Markets Ltd. The Registrar to the issue is Bigshare Services Pvt Ltd.

The company's shares are proposed to be listed in Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The IPO opens for subscription on August 27, 2007 and closes for subscription on August 30, 2007.

Click Here to View Magnum Ventures Limited Website.

Click Here to view Magnum Ventures Limited Prospectus.

Source : Equity Bulls

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