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Published by : Business TodayKaveri Seed IPO listing info:
IPO Listing Date: Thrusday October 4, 2007
BSE Script Code: 532899
NSE Symbol: KSCL
Listing in: B1 Group of Securities
ISIN: INE455I01011
Issue Price: Rs 170/- Per Equity Share
Face Value : Rs 10/- Per Equity Share
IPO Allotment Status is now available online for Kaveri Seed Company Limited.
Kaveri Seed Company Limited IPO was closed on September 11, 2007 and was oversubscribed by around 4.51 times (retail 3.26 times).
Incorporated in 1986, Kaveri Seed Company Limited is Hyderabad based company in the business of production, processing and marketing of high quality hybrid seeds for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. and has recently forayed into micronutrients and bio products.
Kaveri Seeds is entering the capital markets with an initial public offering, IPO of 40,00,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 150/- at lower level and Rs 170/- at upper level for equity share of Rs 10/-. The issue opens on Sept 06, 2007, and closes for subscription on Sept 11, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Kaveri Seed IPO is proposed to open on September 6, 2007. The IPO application ends on September 11, 2007.
Retail investors can apply in the retail or non-institutional investor category from September 6, 2007 to September 11, 2007. The Kaveri Seed IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Kaveri Seed IPO will open for subscription on September 6, 2007. The public issue will close on September 11, 2007.
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