Saturday, March 24, 2012

Upcoming IPO -> MT Educare

MT Educare Limited is entering in the capital markets with an initial public offering, IPO of Rs. 35 Crore. The price band for the issue has been fixed at Rs 74/- at lower level and Rs 80/- at upper level.

MT Educare Limited is an education support and coaching services provider for students in the secondary and higher secondary school. Also they provide coaching services for students pursuing graduation degree in commerce, preparing for various competitive examinations and undertaking chartered accountancy examinations.

The issue opens on Mar 27, 2012 and closes for subscription on Mar 29, 2012. 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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