Lotus Eye Care Hospital IPO opens on June 12, 2008

The Initial Public Offering (IPO) of Lotus Eye Care Hospital Ltd (LECHL), the state-of-the-art-eye care hospital group from Coimbatore with specialisation in super-specialty service opens for subscription by investors on June 12, 2008.

The company is entering the capital markets with a public issue of 1,00,00,000 equity shares of Rs.10 each through the 100% book building process in the price band of Rs.38-42 per equity share.

The issue closes for subscription on Tuesday, 17th June 2008.

CARE has assigned ‘IPO Grade 3’ to the issue indicating its average fundamentals.

The company's stock will be listed on the BSE and NSE.

Keynote Corporate Services Ltd is the book running lead manager and Canara Bank Merchant Banking Division is the co-lead manager for the issue.

Keynote Capitals Limited is the Syndicate Member to the issue.

SKDC Consultants Limited is the Registrar to the issue.

Click Here to view Lotus Eye Care Hospital Ltd website.

Click Here to view Lotus Eye Care Hospital Ltd IPO prospectus.

Source : Equity Bulls

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