IPO News

A2Z Maintenance and Engineering Services IPO opens for subscription on December 8, 2010



Posted On : 2010-12-07 06:05:55( TIMEZONE : IST )

A2Z Maintenance and Engineering Services IPO opens for subscription on December 8, 2010

The Public Issue and Offer for Sale of A2Z Maintenance and Engineering Services Limited will open for subscription by investors on Wednesday - December 8, 2010.

The company is coming out with Public Issue of Equity Shares Of Rs.10 Each aggregating to Rs.6,750 Million and an Offer For Sale Of 4,556,193 Equity Shares Of Rs. 10 Each At The Issue Price through 100% book building process.

The Minimum Order Quantity is 15 Equity Shares and in multiples of 15 Equity Shares. The Maximum Subscription Amount for Retail Investor is Rs.200000.

The Rating Agency CARE Limited has assigned IPO Grading of IPO Grade 4.

IDFC Capital Limited, DSP Merrill Lynch Limited, Enam Securities Private Limited, ICICI Securities Limited and SBI Capital Markets Limited are the Book Running Lead Managers to the issue. YES Bank Limited is the Co Book Running Lead Manager to the issue.

Sharekhan Limited and SBICAP Securities Limited are the Syndicate Members to the issue. Link Intime India Private Limited is the registrar to the company.

The Public Issue closes for subscription on Friday - December 10, 2010.

Source : Equity Bulls

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