SRS Limited IPO (Initial Public Offering) : Fixes price band

by khalid on 17/08/2011 · 0 comments

SRS Limited is a diversified company with interests in Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations. SRS Limited has fixed its price band for its IPO of 35,000,000 equity shares at Rs 58 to Rs 65 per share. The issue will open for subscription during on 23rd August 11 and 26th August 11.

This IPO proceeds will be used for setting up of cinemas, setting up of food courts and restaurants, setting up of retail stores, setting up of jewellery manufacturing facility and jewellery retail stores, general corporate purposes and issue related expenses.

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

The Book running lead manager (BRLM) to the issue are IDBI Capital Market Services Limited, Karvy Investor Services Limited and Spa Merchant Bankers Limited.

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

Stay tuned to BelltheBull Blog for more on SRS Limited IPO !

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