Monday, April 19, 2010

Upcoming IPO - Talwalkars Better Value Fitness Limited

Talwalkars Better Value Fitness Limited is entering in the capital markets with an initial public offering, IPO of 6,050,000 Equity Shares of Rs. 10 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 123/- at lower level and Rs 128/- at upper level for equity share of Rs 10/-.


Incorporated in 2003, Talwalkars Better Value Fitness Limited owns one of the largest fitness chain in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand 'Talwalkars'.


The issue opens on Apr 21, 2010, and closes for subscription on Apr 23, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).


Detailed information is now available on Talwalkars Better Value Fitness Limited IPO information page.

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