Jyothy Laboratories Limited IPO opens for subscription on November 22, 2007

The Initial Public Offering (IPO) of Jyothy Laboratories Limited opens for subscription on November 22, 2007 and closes for subscription on November 27, 2007. The company is coming out with an IPO of 4430260 Equity Shares of Rs 5 each through an offer for sale by the selling shareholders for cash at a price band of Rs 620 to Rs 690 through 100% Book Building process.

The offer would constitute 30.52% of the fully diluted post issue paid up equity share capital of the company.

The Equity Shares offered through this public issue are proposed to be listed on the Bombay Stock Exchange Limited ("BSE") and the National Stock Exchange of India Limited ("NSE").

Intime Spectrum Registry Limited is the registrar to the issue.

Kotak Mahindra Capital Company Ltd and Enam Securities Pvt Ltd are the Book Running Lead Manager to the issue.

Click Here to view Jyothy Laboratories Limited Website.

Click Here to view Jyothy Laboratories Limited IPO Prospectus.

Source : Equity Bulls

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