Friday, February 21, 2014

Karnimata Cold Storage IPO to open on Feb 25th

Karnimata Cold Storage Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,518,000 Equity Shares of Rs 10/- each aggregating upto Rs 3.04 Crore. The price for the issue has been fixed at Rs 20/- per share.

Karnimata Cold Storage Ltd is engaged in the business of cold storage and trading of agricultural commodities currently specializing in potatoes. They have set up and made operational first cold storage unit in Medinipur District, West Bengal having an installed capacity of 1,81,000 quintals for preservation of potatoes.

The issue opens on Feb 25, 2014 and closes for subscription on Mar 03, 2014. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit Karnimata Cold Storage IPO page for more detail.