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Article: India: Austral Coke IPO opens on August 7, price band Rs.
- Article from:
- TendersInfo
- Article date:
- August 2, 2008
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Byline: kavita03
Austral Coke and Projects is mainly engaged in manufacture of low ash metallurgical coke (LAM Coke). It is also in the business of equipment rental, refractory and textile trading. The company is now proposing an IPO of 72,60,000 equity shares of Rs 10 each through 100% book building process.
The issue will have additionally Green Shoe Option comprising 10,89,000 equity shares. The issue is opening on August 7 and closing on August 13, 2008. Price band of Rs 164 to Rs 196 per share has been fixed.
The issue will constitute 27.72% of the fully diluted post issue capital of the company if the Green Shoe option is exercised and ...