Tuesday, July 14, 2009

Raj Oil Mills Ltd IPO opening on July 20 to July 23

Incorporated in 2001, Raj Oil Mills Ltd is in the business of manufacturing and processing of coconut, groundnut, mustard, and soya bean oil. Raj Oil Mills is the oldest (founded in 1943) and the most successful oil production company in India. Company's products are sold under three brands i.e ‘Cocoraj', ‘Guinea' and ‘Raj'.

Raj Oil Mills Ltd is entering in 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 100/- at lower level and Rs 120/- at upper level for equity share of Rs 10/-. The issue opens on July 20, 2009, and closes for subscription on July 23, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Raj Oil Mills Ltd IPO Information, Raj Oil Mills IPO Allotment Status, Raj Oil IPO reviews and Listing Date. Click on the below link to to find more detail about Raj Oil Mills Limited IPO: