SRS Limited has informed the share market (BSE/NSE) that the shares of its recent Initial Public Offering (IPO) is going to list today 16th Sep 2011. The IPO was open between 16th Aug 2011 to 18th Aug 2011. The price band was Rs 58 to Rs 65 and the Issue Price was fixed at lower level of the price band, Rs 58 per equity share. The company had entered into primary market with an Initial Public Offering (IPO) of Rs 203.00 Crore. SRS Limited is a diversified company with interests in Cinema Exhibition, Food & Beverages, Retail and Manufacturing & Retailing of Jewellery operations.
IPO Listing Detail :-
Listing Date: 16th September 2011
BSE Scrip Code : 533569
NSE Symbol : SRSLTD
Listing In : ‘B’ Group of Securities
ISIN : INE219H01039
Issue Price : Rs. 58.00 Per Equity Share
Face Value : Rs. 10.00 Per Equity Share
The IPO proceeds will be used by SRS Limited 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.
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