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Binani Cement Limited IPO listing date & Info:
Listing On: Monday, May 28, 2007
BSE Script Code: 532849
NSE Symbol: BINANICEM
Listing in: B1 Group
ISIN: INE042H01019
Issue Price: Rs.75 Per share (Face Value of Rs. 10/-)
Incorporate in July 1997 Binani Cement Limited (BCL) is subsidiary of Binani Industries Limited (BIL), a 150 year old company with diversified businesses like cement, zinc and glass fibre.
Binani Cement Limited (BCL) is entering the capital markets with an initial public offering, IPO of 20,500,000 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 75/- at lower level and Rs 85/- at upper level for equity share of Rs 10. The issue opens on May 07, 2007, and closes for subscription on May 10, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
The Binani Cement IPO is proposed to open on May 7, 2007. The IPO application ends on May 10, 2007.
Retail investors can apply in the retail or non-institutional investor category from May 7, 2007 to May 10, 2007. The Binani Cement IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Binani Cement IPO will open for subscription on May 7, 2007. The public issue will close on May 10, 2007.
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