Friday, July 20, 2007

Asian Granito India Limited (AGIL) IPO Opening on July 26

Hi Friends,

Incorporated in 2003, Asian Granito India Limited (AGIL) is in the business of manufacturing vitrified tiles. Asian Granito's products include glazed, unglazed, rustic, matte, homogenous and non-homogenous body, water jet cutting, tailor made designs or customized tiles.  Asian Granito's manufacturing plants is located in Himmatnagar, Gujarat.

Asian Granito India Limited (AGIL) is entering the capital markets with an initial public offering, IPO of 7,000,000 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 85/- at lower level and Rs 102/- at upper level for equity share of Rs 10. The issue opens on July 26, 2007, and closes for subscription on July 31, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Click here for more information about Asian Granito IPO.