23 Oct 07 Barak Valley Cements Limited IPO (BVCL IPO) opens on 29th Oct
Barak Valley Cements Limited IPO (BVCL IPO) will open for subscription on Monday, October 29, 2007. Religare IPO also opens for subscription on the same date. This provides IPO investors some choice to select the best IPO and invest in it. The IPO Price Band for the Barak Valley Cements Limited IPO has been fixed between Rs. 37 and Rs. 42 per share. BVCL IPO closes for subscription on thursday, November 01, 2007. Post IPO, the shares of Barak Valley Cements Limited will be listed both on the NSE and the BSE. The Barak Valley Cements IPO is a very small IPO which would raise about Rs. 50 crores. As per the DRHP, Barak Valley Cements Limited proposes to use the proceeds raised through the IPO for expansion purposes. The main cement brands that are owned by Barak Valley Cements Limited are Valley Strong Cement and Valley Strong Super. Both these brands are not very popular outside of North-East India. For details on Barak Valley Cements IPO allotment status and Barak Valley Cements IPO Subscription details, keep checking this blog regularly.
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Hi,
i wanted to know is it worthwhile to buy this company shares….also, how is cement companies are growing these days??
thanks