Tuesday, October 23, 2007

Barak Valley Cements Limited (BVCL) IPO opening on Oct 29

Hi Friends,
Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name "Valley Strong Cement". BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.

Barak Valley Cements is entering the capital markets with an initial public offering, IPO of 56,60,000  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. 37/- at lower level and Rs. 42/- at upper level for equity share of Rs. 10/-. The issue opens on Oct 29, 2007, and closes for subscription on Nov 01, 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 Barak Valley Cements Limited IPO, Barak Valley CementsIPO Allotment Status, BVCL discussions, BVCL IPO reviews, BVCL IPO News, and BVCL IPO Listing Date.

Chittorgarh.com Team