Tuesday, October 26, 2010

Upcoming IPO => Gravita India Ltd

Upcoming IPO - Gravita India Ltd

Gravita India Ltd is entering in the capital markets with an initial public offering, IPO of 36,00,000 Equity Shares of Rs. 10 each. The price band for the issue has been fixed at Rs 120/- at lower level and Rs 125/- at upper level for equity share of Rs 10/-.

Gravita India Ltd is engaged in the business of manufacturing of Lead Metal by Recycling & Smelting process & other lead products. Gravita India Ltd is flagship Company of the Gravita Group which was established in the year 1992 and has manufacturing set up at Jaipur.

The issue opens on Nov 01, 2010, and closes for subscription on Nov 03, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)

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