08 Jun 08 Archidply Industries IPO Subscription Details
Archidply Industries IPO will open for subscription on Wednesday, 11 June, 2008. It seems its gonna rain IPO’s the whole of the oming week beginning June 09, 2008 when 3 IPO’s are hitting the market. Archidply Industries IPO Subscription will close on 17 June, 2008. The price band for the IPO has been fixed at Rs. 70 to 80 per share of face value Rs. 10 each. Archidply Industries being the flagship company of the Archidply group of companies which has more than 3 decades of experience in manufacturing and marketing plywood in India, is likelt to generate decent subscription interest from all calsses of investors. However, investors are advised to wait, watch and analyse the subscription figures and apply on the last day of subscription if the institutional investor category in the Archidply IPO oversubscribes by atleast 5 times.
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