Saturday, June 14, 2008

Somi Conveyor Beltings Limited (SCBL) IPO opening on June 24

Hi Friends,

Incorporated in 2000, Somi Conveyor Beltings Limited (SCBL) is a manufacturer and exporter of Rubber Conveyor Belts of all grades for material handling. Conveyor belts are used in a wide variety of material transport applications such as manufacturing, food processing, and heavy industries.

Somi Conveyor Beltings Limited (SCBL) is entering in the capital markets with a fixed price initial public offering, IPO of 62,27,860 Equity Shares for cash, at a premium of Rs 25/-.

The price band for the issue has been fixed at Rs. 35/- for equity share of Rs. 10/-. The issue opens on June 24, 2008, and closes for subscription on June 27, 2008. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).

Somi Conveyor Beltings Limited (SCBL) IPO Information, Somi Conveyor IPO Allotment Status, Somi IPO reviews and Somi IPO Listing Date. Click on the below link to to find more detail about Somi Conveyor IPO:

Good Luck!