Edelweiss Capital Ltd IPO to hit markets on November 15, 2007

The Initial Public Offering (IPO) of Edelweiss Capital Ltd will hit markets on Thursday - November 15, 2007. The company is coming out with an IPO of 8386147 Equity Shares of Rs 5 each for cash at a price band of Rs 725 to Rs 825 per share through 100% book building process.

The issue comprises a net issue to the public of 8,181,607 equity shares of Rs 5 each and a reservation of 204,540 equity shares of Rs 5 each for eligible employees of the company.

The issue would constitute 11.19% of the post issue paid-up capital of the company. The net issue would constitute 10.92% of the post issue paid-up capital of the company.

The issue opens for subscription by investors on November 15, 2007 and closes on November 20, 2007.

Intime Spectrum Registry Limited is the registrar to the issue.

Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited and Lehman Brothers Securities Private Limited are the Book Running Lead Managers to the issue.

Click Here to view Edelweiss Capital Ltd Website.

Click Here to view Edelweiss Capital Ltd IPO Prospectus.

Source : Equity Bulls

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