Wednesday, September 22, 2010

Upcoming IPO - Bedmutha Industries Ltd,

Bedmutha Industries Ltd is entering in the capital markets with an initial public offering, IPO of 90,00,000 Equity Shares of Rs. 10/-. The price band for the issue has been fixed at Rs 95/- at lower level and Rs 102/- at upper level.

Bedmutha Industries Ltd is one of the leading steel wire manufacturers in western India located in Nashik. Bedmutha operate four manufacturing units in and around Nashik and they are strategically located in proximity to the source of raw materials and markets ensuring cost savings and logistic benefits.

The issue opens on Sep 28, 2010, and closes for subscription on Oct 01, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Click on the below link to find more detail about Bedmutha Industries Ltd IPO: