MBL Infrastructures IPO opens on November 27, 2009

The Initial Public Offering (IPO) of MBL Infrastructures Ltd will open for subscription by investors on November 27, 2009.

The company is coming out with an issue of 5,700,000 Shares of Rs 10 each for cash at a price band of Rs.165 to Rs.180 through 100% book building process. The Issue size will be between Rs.94 - Rs 103 crores.

The Bid Lot is 35 Equity Shares & in multiple thereof. The IPO closes for subscription on December 1, 2009.

Source : Equity Bulls

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