Talwalkars Better Value Fitness IPO opens for subscription

The Initial Public Offering (IPO) of Talwalkars Better Value Fitness Limited has opened for susbcription by investors on Wednesday - April 21, 2010.

The company has come out with IPO of 6,050,000 equity shares of Rs 10 each for cash at a price band of Rs.123/- to Rs. 128/- through 100% book building process.

India Infoline Limited is the Book Running Lead Manager and Syndicate Member to the issue. Link Intime India Private Limited is the registrar to the company.

The Rating Agency CARE has done the IPO Grading and assigned IPO GRADE 3.

The Minimum Order Quantity is 50 Equity Shares and in multiples of 50 Equity Shares. The Maximum Subscription Amount for Retail Investor is Rs.100000.

The IPO closes for subscription on Friday - April 23, 2010.

Source : Equity Bulls

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