Tuesday, December 23, 2014

NCML Industries IPO to open on Dec 29th

NCML Industries Ltd is entering in the capital markets with an initial public offering, IPO of 6,000,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 100/- at lower level and Rs 120/- at upper level.

NCML Industries Limited is one of the flagship Company of NCML group, mainly is in the business of edible oil and wind energy production. NCML is one of the leading edible oil importing, manufacturing and marketing Companies of India with international presence, dealing in various edible oils such as Soya bean oil, Cottonseed oil, Palm oil (Palmolein), and Mustard oil, Rapeseed Oil etc.

The issue opens on Dec 29, 2014 and closes for subscription on Jan 02, 2015. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).