GREMACH INFRASTRUCTURE EQUIPMENTS AND PROJECTS LTD - IPO
Type of Issue : Book Built
Issue Opens: 08 March, 2007
Issue Closes: 14 March, 2007
Issue Size : 6,555,554 (No. of Shares)
Lower Price Band : Rs.75
Upper Price Band: Rs.90
Application Multiple: 70 and in multiples there off starting with atleast 70 shares.
Maximum Shares: 1050(for Retail)
Information URL : http://www.gremach.com/
Prospectus URL : http://www.sebi.gov.in/dp/gremachdr.pdf
Issue Opens: 08 March, 2007
Issue Closes: 14 March, 2007
Issue Size : 6,555,554 (No. of Shares)
Lower Price Band : Rs.75
Upper Price Band: Rs.90
Application Multiple: 70 and in multiples there off starting with atleast 70 shares.
Maximum Shares: 1050(for Retail)
Information URL : http://www.gremach.com/
Prospectus URL : http://www.sebi.gov.in/dp/gremachdr.pdf
posted by Sensex-Blog Admin at 6:10 AM
2 Comments:
The Outlook for Infrastructure development remains stronger in the current and comming future. Infrastructure Realy projects are on the rise with Constrcution companies opting to go on for rental of equipments as not to block their funds required for equipments as they can be utilised only at one site-if purchased outright. Looking into this factor the Company has huge growth prospects in respect of hiring of equipments. ITs a GOOD BUY at this price.
A good buy
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