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K.P.R. Mill Limited IPO Message Board (Page 2)

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6. cccc |   Link |  Bookmark | July 28, 2007 11:54:34 AM
Dear Investor

I would not recommend to invest in this stock.

Regards
5. cccc |   Link |  Bookmark | July 28, 2007 11:53:41 AM
sorry viraj - you didnt got any shares

4. azher |   Link |  Bookmark | July 28, 2007 10:41:13 AM
is it good to take KPR mills ltd ipo
3. viraj |   Link |  Bookmark | July 27, 2007 4:23:04 PM
hi guys plz tell me how much i got in everonn ipo.
my application no. is 1738343
2. P. JOSEPH |   Link |  Bookmark | July 27, 2007 12:42:30 PM
This IPO will not give any significant gains to small investors.
1. Vats |   Link |  Bookmark | July 27, 2007 9:05:57 AM
KPR Mill Ltd launched its initial public offering of 5,912,100 equity shares on Thursday. The price band of the 100% book building issue is fixed at Rs 225-265. The issue closes August 7.

At the lower price band, the company would raise Rs 133 crore and the upper price band it would raise Rs 156 crore. The issue would constitute 15.69% of the fully diluted post issue paid-up capital of the company.

KPR Mill, a vertically integrated apparel company, plans to use the proceeds to fund expansion of existing garment facility at Arasur, Coimbatore; setting up a design studio, construction of an additional hostel facility at Arasur, expansion of processing facility at State Industries Promotion Corporation of Tamil Nadu, Perundurai, investment in a new knitting facility at Arasur, addition of balancing equipments for existing spinning facility at Sathyamangalam.

During the year ended March 31, 2007, the company exported 99.86% of its readymade knitted apparel directly to international clients and has more than 1000 regular domestic clients for yarn and fabric.


Source: Economic Times