Monday, April 23, 2007

MIC Electronics Limited IPO Opening on April 30

Hi Friends,

MIC Electronics Limited IPO

Incorporated in 1988, MIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software.

MIC Electronics Limited is entering the capital markets with an initial public offering, IPO of 5,100,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 129/- at lower level and Rs 150/- at upper level for equity share of Rs 10. The issue opens on April 30, 2007, and closes for subscription on May 08, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).