06 Dec 07 Aries Agro IPO opens for subscription on 14 Dec
Aries Agro IPO opens for subscription on Friday, December 14 2007. The IPO closes for subscription on Wednesday, December 19, 2007. Aries Agro IPO price band has been fixed between Rs. 120 and Rs. 130 per share. Aries Agro IPO is a pretty small sized IPO with an issue size of just over Rs. 50 crores. Since the IPO issue size is small, Aries Agro IPO is likely to get heavily oversubscribed and hence Aries Agro IPO allotment will be tough to obtain. Post IPO shares of Aries Agro Limited will be listed on both NSE and BSE. SREI Capital Markets is the lead manager for the Aries Agro IPO. The lot size for the IPO is yet to be announced. Aries Agro IPO registrar is Aarthi Consultants, which is a pretty inexperienced registrar which has handled very few IPO’s in the past. Aries Agro IPO Subscription details and Aries Agro IPO Allotment status will be updated here. Hence do check this space often.
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