Thursday, July 2, 2015

Loyal Equipments IPO to open on Jul 3rd

Loyal Equipments Ltd (LEL) is entering in the capital markets (through BSE SME) with an initial public offering, IPO of  1,800,000 Equity Shares of Rs 10/- each aggregating Rs. 3.24 Crore. The price for the issue has been fixed at Rs 18 per share.

LEL is an ISO 9001:2008 certified company engaged in manufacturing and supplying of Coded Pressure Vessels & Heat Exchangers (Ferrous & Non Ferrous), Air Cooled Heat Exchangers, Skids for Dynamic and Static Machineries, Base-Plates, Sterilizers, Chimneys and Columns, Tanks & Receivers, Site Fabrication & Erection Activities.

The issue opens on Jul 03, 2015 and closes for subscription on Jul 07, 2015. The equity shares of the issue are proposed to be listed on the SME Platform of BSE.Jul 3rd