Friday, September 12, 2014

Ultracab BSE SME IPO opens on Sep 15, 2014

Ultracab India Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 2,214,000 Equity Shares of Rs 10/- each aggregating Rs 7.97 Crore. The price for the issue has been fixed at Rs 36/- per share.

Ultracab is Rajkot, Gujrat based manufacturers and exporters of electric wires and cables. Company exports its products to countries like UK, UAE, Africa, Singapore, Uganda etc. It also offers customized products as per requirement of user industry. It manufactures various ranges of cables and wires.

The issue opens on Sep 15, 2014 and closes for subscription on Sep 23, 2014. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit Ultracab India Ltd IPO Page for more detail.