Precision Pipes and Profiles Company Limited IPO Opens on December 17, 2007

The Initial Public Offering (IPO) of Aries Agro Ltd opens for subscription on December 17, 2007. The company is coming out with an Initial Public Offering (IPO) of Equity Shares of Rs.10 each for cash at a price band of Rs 140 to Rs 150 per share through 100% Book Building Process aggregating Rs 7500 Lacs.

The IPO opens for subscription on Monday - December 17, 2007 and closes on Thursday - December 20, 2007.

This Issue has been graded by CRISIL Limited and has been assigned the IPO Grade 4/5 indicating 'above average fundamentals', vide their letter dated September 4, 2007.

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

The Book Running Lead Managers to the issue are UTI Securities Limited and NEXGEN Capitals Limited. UTI Securities Limited and SMC Global Securities Limited are the Syndicate Member to the issue.

Intime Spectrum Registry Limited is the Registrar to the issue.

Click Here to view the website of Precision Pipes and Profiles Company Limited

Click Here to view the prospectus of Precision Pipes and Profiles Company Limited

Source : Equity Bulls

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