SVPCL Ltd IPO Closes for Subscription

The Initial Public Offering (IPO) of SVPCL Ltd closed for subscription by investors. The company came out with an Initial Public Offering (IPO) of equity shares of Rs.10 each for cash at a price band of Rs.40 to Rs.45 per share for cash aggregating Rs.3450 Lakhs.

The IPO opened for subscription on Monday - October 22, 2007 and closed on Friday - October 26, 2007.

The Issue comprises of a reservation of 4312500 equity shares allocated for Qualified Institutional Buyers (QIBs), 1293750 equity shares for Non Institutional Investors and 3018750 equity shares for Retail Individual Investors (RIIs).

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

The Lead Manager to the issue is BOB Capital Markets Ltd. Aarthi Consultants Pvt Ltd is the Registrar to the issue.

Click Here to view the website of SVPCL Ltd

Click Here to view the prospectus of SVPCL Ltd

Source : Equity Bulls

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