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Track all the latest updates and news of SEL IPO.
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Published by : MSNSEL Manufacturing Company Limited IPO Listing Info:
IPO Listing Date : Tuesday, August 21, 2007
BSE Script Code : 532886
NSE Symbol : SELMCL
Listing in : B1 Group Securities
ISIN : INE105I01012
Issue Price : Rs 90/- Per Equity Share
Face Value : Rs 10/- Per Equity Share
IPO Allotment Status is now available online for SEL Manufacturing Company Limited.
SEL Manufacturing Company Limited IPO was closed on July 31, 2007 and was oversubscribed Click here to check your application status.
SEL Manufacturing Company Limited (part of R. S. Saluja Group) is a Ludhiana based textile company involve in manufacturing and exporting cotton yarn, combed yarn, knitted fabrics and knitted garments. SEL's production facilities are located in Ludhiana in Punjab and Baddi in Himachal Pradesh.
SEL Manufacturing Company Limited is entering the capital markets with an initial public offering, IPO of 4,138,410 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs 80/- at lower level and Rs 90/- at upper level for equity share of Rs 10. The issue opens on July 26, 2007, and closes for subscription on July 31, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The SEL IPO is proposed to open on July 26, 2007. The IPO application ends on July 31, 2007.
Retail investors can apply in the retail or non-institutional investor category from July 26, 2007 to July 31, 2007. The SEL IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The SEL IPO will open for subscription on July 26, 2007. The public issue will close on July 31, 2007.
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