Vaswani Industries Ltd (VIL) is entering in the capital markets with an initial public offering, IPO of 10,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 45/- at lower level and Rs 49/- at upper level.
Vaswani Group of Industries is one of the reputed group of Chhattisgarh. This Group has a chain of value-added products which include Induction Furnance, Sponge Iron, Stelel ingot/billet,Power, Rolling Mill, TMT Bars, Forgings & Casting. We draw our strength from an old tradition of reliable customer service and quality products.
The issue opens on Apr 29, 2011 and closes for subscription on May 03, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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