Cox and Kings (India) IPO to hit markets on November 18, 2009

The Initial Public Offering (IPO) of Cox and Kings (India) Limited will open for subscription by investors on Wednesday - November 18, 2009. The company is issuing 184,96,640 equity shares [including Anchor investor portion of 27,44,496 equity shares] of Rs 10 each for cash at a price band of Rs.316 to Rs.330 per share through 100% book building process.

India Infoline Limited is the Book Running Lead Manager to the issue. India Infoline Limited and Axis Bank Limited are the Syndicate Members to the issue.

The Rating Agency CARE has given IPO Grading of 'IPO GRADE 4'.

KARVY COMPUTERSHARE PRIVATE LIMITED is the registrar to the company.

The issue will close for subscription on November 20, 2009.

Source : Equity Bulls

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