Engineers India Ltd is entering in the capital markets with an follow-on public offering, FPO of 3,36,93,660 equity shares of Rs 5 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 270/- at lower level and Rs 290/- at upper level for equity share of Rs 5/-.
The issue opens on Jul 27, 2010, and closes for subscription on Jul 30, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
For More:
http://engineersindia.eil.co.in/on_going.html
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