Thursday, August 30, 2012

Upcoming IPO - Thejo Engineering Ltd

Thejo Engineering Ltd is entering in the capital markets (through NSE SME) with an initial public offering (IPO), aggregating upto Rs 19 crore through a book building process. The price band for the issue has been fixed at Rs 402/- at lower level and Rs 430/- at upper level.

Thejo Engineering Ltd is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports, fertilizers etc. Company is based in Chennai and provide services include belt conveyor maintenance and operations.

The issue opens on Sep 04, 2012 and closes for subscription on Sep 06, 2012. This is the first stock which is proposed to be listed on 'Emerge' the SME platform by NSE.

Website:
www.thejo-engg.com/

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