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Track all the latest updates and news of Porwal Auto IPO.
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Published by : CNBCPorwal Auto Components Limited IPO Listing date & Info:
IPO Listing Date: Monday, January 14, 2008
BSE Script Code: 532933
NSE Symbol: PORWAL
Listing in: B1 Group of Securities
ISIN: INE386I01018
Issue Price: Rs. 75/- Per Equity Share
Face Value: Rs 10/- Per Equity Share
IPO Allotment Status is now available online for Porwal Auto Components Limited IPO.
Porwal Auto Components Limited IPO was open on December 17, 2007 and closed on December 20, 2007. IPO was oversubscribed by 1.03 times (2.4435 times in retail).
Incorporated in 1978, Precision Pipes and Profiles Company Limited (PPAP) is a leading manufacturer of high quality automotive sealing systems and exterior products in India.
PPAP is entering in the capital markets with an initial public offering, IPO of [ ] Equity Shares aggregating Rs 75 Crore, 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. 140/- at lower level and Rs. 150/- at upper level for equity share of Rs. 10/-. The issue opens on Dec 17, 2007, and closes for subscription on Dec 20, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Incorporated in 1992, Porwal Auto Components Limited manufactures and sells SG and CI castings for the automobile sector for Commercial Vehicles. The manufacturing plant of the company is situated at Pithampur 30 Kms. away from Indore.
Porwal Auto Components Limited is entering in the capital markets with an initial public offering, IPO of 50,00,000 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. 68/- at lower level and Rs. 75/- at upper level for equity share of Rs. 10/-. The issue opens on Dec 17, 2007, and closes for subscription on Dec 20, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE).
The Porwal Auto IPO is proposed to open on December 17, 2007. The IPO application ends on December 20, 2007.
Retail investors can apply in the retail or non-institutional investor category from December 17, 2007 to December 20, 2007. The Porwal Auto IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Porwal Auto IPO will open for subscription on December 17, 2007. The public issue will close on December 20, 2007.
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