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Published by : The Boston Globe on MSNR & B Denims Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,710,000 Equity Shares of Rs 10/- each aggregating upto Rs 3.71 Crore. The price for the issue has been fixed at Rs 10/- per share.
R & B Denims Ltd is engaged in denim textile production and marketing. Company's products include open end/ ring spun yarns, slub yarns, multi count, cottons and polyester spandex. They come as Indigo dyed, Sulphur Dyed, Indigo bottom Sulphur toppings and Sulphur bottom and Indigo toppings, with both foam and wet finishes.
The issue opens on Mar 28, 2014 and closes for subscription on Apr 04, 2014. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.
The R & B Denims IPO is proposed to open on March 28, 2014. The IPO application ends on April 4, 2014.
Retail investors can apply in the retail or non-institutional investor category from March 28, 2014 to April 4, 2014. The R & B Denims IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The R & B Denims IPO will open for subscription on March 28, 2014. The public issue will close on April 4, 2014.
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