15 Jun 07 Ankit Metal & Power Limited IPO
Ankit Metal & Power Limited is all set to tap the Indian capital markets with an IPO scheduled to open on Monday, June 18 2007. Ankit Metal and Power Limited is a Kolkatta based company which manufactures Sponge Iron, Steel Billets and Re Rolled products. Ankit Metal and Power Limited is a young 5 year old company promoted by Mr. Suresh Patni. The Ankit Metal IPO opens for subscription on Monday, June 18 2007 and closes for subscription on Friday June 22 2007. The lead managers of Ankit Metal and power Limited IPO have fixed the price band for the IPO between Rs. 30 and Rs. 36 per share.  Retail Investors can apply for a minimum of 190 shares and a maximum of 2660 shares in the Ankit Metal IPO since the IPO Lot Size is 190 shares. The Ankit Metal IPO is a very small IPO and is expected to raise only about 35 crores. Post IPO, the shares of Ankit Metal and Power Limited will be listed on the stock exchange, Mumbai. The lead manager for Ankit Metal IPO is Chartered Capital and Investment ltd. The registrar for the Ankit Metal IPO is Intime Spectrum Registry Ltd. For updates on the subscription / oversubscription ratio of Ankit Metal IPO and to know the allotment status, refund details and listing date of Ankit Metal IPO, do check this blog regularly.
Ankit Metal & Power Limited IPO Prospectus
For more information, read the Draft red herring prospectus of the Ankit Metal IPO Issue.
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