Abhishek Mills Ltd IPO to hit capital markets on February 20, 2007

The Initial Public Offering of Abhishek Mills Ltd will hit capital markets on February 20, 2007 (Tuesday). The company is coming out with a public issue of 41,00,000 equity shares of Rs.10 each at a price band of Rs.95 to Rs.110 through 100% book building issue.

Out of the total issue of 41,00,000 equity shares, 1,947,500 equity shares are reservered for Qualified Institutional Bidders (QIBs), 584,250 equity shares for Non-Institutional Investors, 1,363,250 equity shares to Retail Individual Investors (RIIs) and 205,000 equity shares to employees of the company.

The issue closes for subscription on 26 February, 2007. UTI Bank Ltd is the Book Running Lead Manager to the issue. Intime Spectrum Registry Ltd is the Registrar to the issue.

The company's website is Abhishek Mills Ltd

Click on the link for company's IPO prospectus Abhishek Mills Ltd Prospectus

Source : Equity Bulls

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