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Published by : ReutersIPO Listing Detail
Listing Date: Thursday, October 14, 2010
BSE Scrip Code: 533270
NSE Symbol: BEDMUTHA
Listing In: 'B' Group of Securities
ISIN: INE844K01012
Issue Price: Rs. 102.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share
Bedmutha Industries Ltd is entering in the capital markets with an initial public offering, IPO of 90,00,000 Equity Shares of Rs. 10/-. The price band for the issue has been fixed at Rs 95/- at lower level and Rs 102/- at upper level.
Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.
The issue opens on Sep 28, 2010, and closes for subscription on Oct 01, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Bedmutha IPO is proposed to open on September 28, 2010. The IPO application ends on October 1, 2010.
Retail investors can apply in the retail or non-institutional investor category from September 28, 2010 to October 1, 2010. The Bedmutha IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Bedmutha IPO will open for subscription on September 28, 2010. The public issue will close on October 1, 2010.
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