Tuesday, June 12, 2007

Ankit Metal & Power Limited (AMPL) IPO Opening on June 18

Hi Friends,

Incorporated in 2002, Ankit Metal & Power Limited (AMPL) is in the business of manufacturing Sponge Iron, M.S. Ingots/Billets and Re-Rolled products. Companies manufacturing plant is in village Chhatna, Jorehira in Bankura District of West Bengal.

Ankit Metal & Power Limited is entering the capital markets with an initial public offering, IPO of 1,19,00,000 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 30/- at lower level and Rs 36/- at upper level for equity share of Rs 10. The issue opens on June 18, 2007, and closes for subscription on June 22, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Click here for more information about Ankit Metal & Power Limited (AMPL) IPO.