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| IPO Open | Aug 27, 2007 |
| IPO Close | Aug 30, 2007 |
| IPO Price | ₹30 |
| Face Value | ₹10 |
| IPO Size | ₹52.92 Cr |
| Listing At | BSE, NSE |
| Lot Size | 200 |
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We intend to expand to the top 40 cities in the next 6 months,” he said. M P Shyam, Owner, Magnum Ventures, said, “It gives us immense pleasure to partner with a strong brand like Altigreen.
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Publish by : New York PostMagnum Ventures Limited IPO listing info:
IPO Listing Date: Thursday, September 20, 2007
BSE Script Code: 532896
NSE Symbol: MAGNUMV
Listing in: B1 Group
ISIN: INE387I01016
Issue Price: Rs 30/- Per Equity Share
Face Value: Rs 10/- Per Equity Share
IPO allotment atatus is now available online for Magnum Ventures Limited.
Magnum Ventures Limited IPO was closed on 30 August 2007 and was oversubscribed by around 2.95 times (retail 3.39 times).
Incorporated in 1980, Magnum Ventures Limited (formerly Magnum Papers Limited) is in the business of trading and manufacturing paper. MVL has installed capacity of 85,000 MT per annum and manufacturing activities cover writing & printing paper, and duplex boards. Magnum has three manufacturing units located in Industrial Area, Sahibabad, Uttar Pradesh.
Magnum Ventures Limited is entering the capital markets with an initial public offering, IPO of 1,76,40,750 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 27/- at lower level and Rs 30/- at upper level for equity share of Rs 10. The issue opens on Aug 27, 2007, and closes for subscription on Aug 30, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The Magnum Ventures IPO is proposed to open on Aug 27, 2007. The IPO application ends on Aug 30, 2007.
Retail investors can apply in the retail or non-institutional investor category from Aug 27, 2007 to Aug 30, 2007. The Magnum Ventures IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Magnum Ventures IPO will open for subscription on Aug 27, 2007. The public issue will close on Aug 30, 2007.
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