Redington (India) Limited shares to list in BSE and NSE on February 15, 2007

The equity shares of Redington (India) Limited (BSE Scrip Code: 532805, NSE Symbol: REDINGTON) will be listed and admitted to dealings on the Bombay Stock Exchange and National Stock Exchange on February 15, 2007. In BSE the stock will be listed in ''B1'' Group Securities and in NSE the stock will be listed under Normal Market Segment - Compulsory Demat (Rolling Settlement) for all investors.

Redington (India) Limited recently came out with an IPO of 13,231,000 equity shares of Rs.10 each for cash at a price band of Rs.95 and Rs.113 through 100% book-building process. The IPO opened on 22 January, 2007 and closed on 25, January 2007.

Redington India Ltd through all its subsidiaries distributes products from over 30 Leading Manufacturers, services over 10500 reseller customers and is one of the Top Distribution Companies in India, Middle East and Africa. The company has successfully transformed itself from a pure IT products distribution firm with traditional cash and carry model to a leading integrated Supply Chain Solution Provider that includes non IT products and involves the management of inventory of greater than 4000 SKU’s (stocking units) while transacting business with over 10500 channel partners globally.

The company''s website is Redington (India) Limited

Click on the link for company''s IPO prospectus Redington (India) Limited Prospectus

Source : Equity Bulls

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