Friday, June 8, 2007

Vishal Retail Limited IPO opening in June 11

Hi Friends,

Incorporated in 1986, Vishal Retail Limited (Viahal Megamart) is amoung the leading retail houses in India based in Delhi. Vishal Retail has around 51 showrooms in 39 cities in India

Vishal Retail Limited is entering the capital markets with an initial public offering, IPO of [ ] Equity Shares for cash aggregating Rs. 110.00 Crores, 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 230/- at lower level and Rs 270/- at upper level for equity share of Rs 10. The issue opens on June 11, 2007, and closes for subscription on June 13, 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 Vishal Retail Limited IPO.