Resurgere Mines & Minerals IPO to hit markets on August 11, 2008

The Initial Public Offering (IPO) of Resurgere Mines & Minerals India Ltd will hit markets on August 11, 2008.

The company is coming out with an IPO of 44,50,000 Equity Shares of Rs 10 each for cash at a price band of Rs 263 /- to Rs 272 /- through 100% book buidling process.

MOTILAL OSWAL INVESTMENT ADVISORS PVT. LTD is the Book Running Lead Manager to the issue. PL Capital Markets Private Limited and Ashika Capital Limited are the Co Book Running Lead Managers to the issue.

Motilal Oswal Securities Limited, Prabhudas Lilladher Private Limited, Ambit Capital Private Limited and Elara Securities (India) Private Limited are the Syndicate Members to the issue. Intime Spectrum Registry Limited is the Registrar to the issue.

Click Here to view Resurgere Mines & Minerals India Ltd website.

Click Here to view Resurgere Mines & Minerals India Ltd IPO prospectus.

The IPO closes for subscription on August 13, 2008.

Source : Equity Bulls

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