Gyscoal Alloys IPO open for subscription

The Initial Public Offering (IPO) of Gyscoal Alloys Limited opened for subscription by investors on October 13, 2010. The company has come out with IPO of 77,00,000 equity shares of face value of Rs 10 each for cash at a price band of Rs 65 to Rs 71 through 100% book building process.

The Minimum Order Quantity is 90 Equity Shares and in multiples of 90 Equity Shares. The Maximum Subscription Amount for Retail Investor is Rs.100000.

Chartered Capital and Investment Limited is the Book Running Lead Manager and Syndicate Member to the IPO.

Link Intime India Private Limited is the registrar to the company. The Rating Agency CARE has assigned IPO Grading of IPO Grade 2. The IPO closes for subscription on October 15, 2010.

Source : Equity Bulls

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