Friday, January 18, 2008

Bang Overseas Limited - IPO Opening on Jan 28

Incorporated in 1992, Bang Overseas Limited presently providing fashion fabrics and meeting ready to wear requirements of our customers in apparel, textile and retail segment. Bang Overseas Ltd have ten retail outlets located at Mumbai, Rajkot, Surat, Gurgaon, Pune, Bangalore (3 stores), Kolkata, and Ahmedabad which are established under the brand name "Thomas Scott" retail outlet. Their products are presently retailed through 155 point of sales comprises of their own retail outlets, Large format stores (LFS) like Shoppers' Stop, Pyramid, Globus, SAGA and Multi Brand Outlets (MBO) spread all over India.

 Bang Overseas is entering in the capital markets with an initial public offering, IPO of 3,500,000 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. 200/- at lower level and Rs. 207/- at upper level for equity share of Rs. 10/-. The issue opens on Jan 28, 2008, and closes for subscription on Jan 31, 2008. 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 Bang Overseas Limited IPO, Bang Overseas IPO Allotment Status,Bang IPO discussions, Bang Overseas Ltd IPO reviews,Bang Overseas News and Bang Overseas Ltd IPO Listing Date.

Good Luck!