Avon Weighing Systems IPO opens on June 9, 2008

The Initial Public Offering (IPO) of Avon Weighing Systems Ltd opens for subscription on June 9, 2008.

The company is coming out with an IPO of 1,37,33,033 equity shares of Rs 10 each for cash at par through fixed price issue.

Keynote Corporate Services Limited is the Book Running Lead Manager to the issue.

Motilal Oswal Securities Limited is the Syndicate Members to the issue.

Datamatics Financial Services Limited is the Registrar to the issue.

CARE has assigned ‘IPO Grade 2’ to the issue indicating below average fundamentals.

Click Here to view Avon Weighing Systems Ltd website.

Click Here to view Avon Weighing Systems Ltd IPO prospectus.

The IPO closes for subscription on June 12, 2008.

Source : Equity Bulls

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