Bedmutha Industries hits capital markets today

The Initial Public Offering (IPO) of Bedmutha Industries Limited hit the capital markets today - September 28, 2010. The company has come out with IPO of 90,00,000 equity shares of face value of Rs 10 each for cash at a price band of Rs 95 to Rs 102 through 100% book building process.

The Minimum Order Quantity is 65 Equity Shares and in multiples of 65 Equity Shares. The Maximum Subscription Amount for Retail Investor is Rs.100000.

Keynote Corporate Services Limited and Ashika capital Limited is the Book Running Lead Manager to the IPO. Keynote Capitals Limited and Ashika Stock Broking Limited is the Syndicate Member to the issue. MONDKAR COMPUTERS PVT. LTD is the registrar to the company.

The Rating Agency ICRA has assigned IPO Grading of IPO Grade 2. The IPO closes for subscription on October 1, 2010.

Source : Equity Bulls

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