Cantabil Retail India Limited IPO : Listing on 12h Oct 2010

by khalid on 12/10/2010 · 0 comments

Cantabil Retail India Limited informed the market (BSE) that the shares of its recent IPO will list on 12th Oct 2010. The IPO was open from 22nd Sep 2010 to 27th Sep 2010. The premium of the issue will be decided through a 100% Book Building Process. The price band for the issue has been fixed at Rs 127 at the lower level and Rs 135 at the upper level. Cantabil Retail India Limited is a textiles, apparels and luxury goods comapny. The company is engaged in designing, manufacturing, branding, and retailing apparels under the CANTABIL and La FANSO names in India.

IPO Listing Detail :-
Listing Date: 12th Oct 2010
BSE Scrip Code : 533267
NSE Symbol : CANTABIL
Listing In : ‘B’ Group of Securities
ISIN : INE068L01016
Issue Price Fixed : Rs. 135.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share

Promoters of the company are Mr. Vijay Bansal and Deepak Bansal.

The proceeds of this IPO will be used to establishment of new integrated manufacturing facility, expansion of exclusive brand outlets, additional working capital, repayment of debt, general corporate purposes and expenses for the IPO.

The equity shares offered through the IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

The sole book running lead manager to the issue is Spa Merchant Bankers Ltd

Registrar of the Issue : Beetal Financial & Computer Services (P) Limited, New Delhi

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