Monday, February 17, 2014

Sanco Industries IPO to open on Feb 24th

Sanco Industries Ltd is entering in the capital markets (through NSE Emerge) with an initial public offering, IPO of 24,00,000 Equity Shares of Rs 10/- each aggregating upto Rs 4.32 Crore. The price for the issue has been fixed at Rs 18/- per share.

Sanco Industries Ltd is an ISO 9001:2008 certified company engaged in manufactures wide range of products such as Rigid PVC conduit pipes, PVC casing & capping, PVC/PP-R Plumbing Pipes, PVC Insulated Domestic Wires & Cables and Copper Wire Rod. Company's products are supplied to entities in the railways, telecom, agriculture, construction, and irrigation sector.

The issue opens on Feb 24, 2014 and closes for subscription on Feb 26, 2014. The equity shares of the issue are proposed to be listed on the Emerge Platform of National Stock Exchange (NSE).

Visit Sanco Industries IPO page for more detail.