Euro Multivision IPO

by khalid on 22/09/2009 · 0 comments

euro

Euro Multivision IPO issue comprises a public offer of 86,00,000 Equity Shares of Rs 10 each and a reservation of upto 2,00,000 Equity Shares of Rs 10 each for the employees. The Company is considering a pre-IPO placement (“Pre-IPO Placement”) subject to a minimum Net Issue to the Public being 25% of the post Issue paid-up capital of the Company. The Equity Shares are proposed to be listed on Bombay Stock Exchange Ltd. (“BSE”) and National Stock Exchange of India Ltd. (“NSE”).

Fund raised by Euro Multivision would be utilise to build a photovoltaic solar cell manufacturing unit with a capacity of 40MW per year at a total cost of Rs 16,756 lakh at Gujarat. The Company proposes to set up this photovoltaic plant in a Special Economic Zone to be developed by them.

Euro Multivision Details :

Symbol EURO EQ
Issue Period Sep 22, 2009 to Sep 24, 2009
Issue Size 8800000 equity shares
Issue Type 100% Book Building
Face Value Rs. 10/-
Price Range Rs. 70 To Rs. 75.
Tick Size Re. 1/-
Market Lot 90 Equity Shares
Maximum Subscription Amount for Retail Investor Rs.100000
Name of the registrar Link Intime India Private Limited

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