Allied Computers International (India) Limited Raises Funds through IPO

The Initial Public Offering (IPO) of Allied Computers International (India) Limited which opened for subscription on 19 October, 2007 closed for subscription on October 23, 2007. The company came out with an Initial Public Offering (IPO) of 50,00,000 equity shares of Rs.10 each for cash at a premium of Rs.2 per share for cash aggregating Rs.600 Lakhs.

The IPO opened for subscription on Friday - October 19, 2007 and closed on Tuesday - October 23, 2007.

The Issue comprises of 50,00,000 equity shares of Rs.10 each at a premium of Rs.2 per equity share for cash aggregating to Rs.600 Lakhs.

The Equity Shares are proposed to be listed on the Bombay Stock Exchange (BSE).

The Lead Manager to the issue is CIL Securities Ltd. Bigshare Services Pvt Ltd is the Registrar to the issue.

Click Here to view the website of Allied Computers International (India) Limited

Click Here to view the prospectus of Allied Computers International (India) Limited

Source : Equity Bulls

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