Monday, May 13, 2013

Upcoming IPO - Just Dial Limited

Justdial Limited is entering in the capital markets with an initial public offering, IPO of 17,497,458 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 470/- at lower level and Rs 543/- at upper level. Just Dial has offered a discount of 10% to the floor price to the retail individual investors.

Justdial Limited (Just Dial) is popular local search service provider in India. Just Dial's search services are available to users through Internet, mobile Internet, telephone and text (SMS).

The issue opens on May 20, 2013 and closes for subscription on May 22, 2013. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and MCX-SX. CRISIL has assigned a IPO Grade 5/5 to the IPO of Just Dial Ltd. This grade indicates that the fundamentals of the Just Dial IPO are 'strong' relative to the other listed equity securities in India.

Visit Justdial Limited IPO page for more detail.