Tuesday, November 13, 2007

Kaushalya Infrastructure IPO opening on Nov 20

Incorporated in 1992, Kaushalya Infrastructure Development Corp Ltd (KIDCO) is in the business of Construction & infrastructure development and Hotel industry. KIDCO's infrastructure development projects involving construction and maintenance of roads and highways, construction of bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes.

Company is entering the capital markets with an initial public offering, IPO of 95,00,000 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. 50/- at lower level and Rs. 60/- at upper level for equity share of Rs. 10/-. The issue opens on Nov 20, 2007, and closes for subscription on Nov 23, 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 Kaushalya Infrastructure Development Corp Ltd IPO, Kaushalya Infrastructure IPO Allotment Status, KIDCO IPO discussions, Kaushalya IPO reviews, Kaushalya IPO News and Kaushalya Infra IPO Listing Date.