MOIL is a "Mini Ratna" awarded company, functioning for more than four decades in the industry of manganese ore mining and mining operations. It has a good monopoly with a majority share (more than 50%) in Indian manganese production and it is also one of the lowest cost producers of manganese ore in the world. MOIL is now entering the capital markets with a public issue (IPO). IPO opens for ... [Continue Reading]
Claris Life IPO to Hit Market on 24 Nov 2010
Claris Lifesciences will come up with an IPO on 24-November-2010. With this IPO company aims to raise Rs. 3 Billion. Price band set for the issue is Rs.278 to 293 per share. IPO opens on 24 november 2010 and closes on 26 November 2010. The company plans to use this capital to set up a new manufacturing unit, a research and development unit and pre-payment of some term loan. Subscribe or not: We ... [Continue Reading]
Gravita India Ltd. IPO to Hit Markets on 1 November 2010
Gravita India Ltd. is manufacturer of lead metal is now entering capital market with an initial public offering (IPO) of 36,00,000 (3.6 million) equity shares. IPO opens on 1 November 2010 and will close on 3 November 2010. The company aims to raise Rs.43.2-45 crore at a price band of Rs 120-125 a share. The company will use this amount for setting up an additional manufacturing plant at Jaipur ... [Continue Reading]