Kaushalya IPO Latest News Today

Kaushalya Infrastructure Dev Corp Ltd IPO listing date & info:

IPO Listing Date: Friday, December 14, 2007
BSE Script Code: 532925
NSE Symbol: KAUSHALYA
Listing in: B1 Group of Securities
ISIN: INE234I01010
Issue Price: Rs 60/- Per Equity Share
Face Value: Rs 10/- Per Equity Share

IPO Allotment Status is now available online for Kaushalya Infrastructure Development Corporation Limited IPO.

Kaushalya Infrastructure Development Corporation Limited was closed on November 23, 2007 and was oversubscribed by around 7.20 times (retail 10.1539 times).

Incorporated in 1992, Kaushalya Infrastructure Development Corp Ltd (KIDCO) is in the business of Construction & infrastructure development and Hotel industry. KIDCO's infrastructure development projects involving construction and maintenance of roads and highways, construction of bridges, erection of transmission lines, electrification projects, as well as commercial and residential complexes.

Company is entering the capital markets with an initial public offering, IPO of 95,00,000 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. 50/- at lower level and Rs. 60/- at upper level for equity share of Rs. 10/-. The issue opens on Nov 20, 2007, and closes for subscription on Nov 23, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).