19 Apr 07 Burnpur Cement IPO
Burnpur Cement Limited, a leading West Bengal based portland cement manufacturing company has filed the draft prospectus with SEBI. Burnpur Cement Limited is a reputed and one of the major cement manufacturers in Eastern India. Burnpur Cement produces portland slag cement presently. Once the new patratu plants come into operation, Burnpur Cement will also produce PPC and OPC cement.
Burnpur Cement Limited is likely to come out with the public issue of about 25 crores in May. The Lead Merchant Banker for the proposed IPO of Burnpur Cement Limited is SREI Capital Market Limited. Burnpur Cement Limited has worked out Rs. 500 crore expansion cum backward integration plan to be executed over a period of two to three years.
Burnpur Cement Limited IPO Prospectus
For more information, read the draft prospectus of the Burnpur Cement Limited IPO.
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People are gonna great return….
Grey Market 8-10 Rs. above 12 cut off price
burnpur cement retail is oversubscribed abt 25 times till 5.30
Extracts of ICICI Direct dot com’s report on Burnpur Cement
Capital investment subsidy of Rs 7 crore to be paid within three months from the commencement of commercial production.
75% of the VAT paid to be refunded in the subsequent year for a period of 8 years.
50% of interest paid or 2% of the turnover (whichever is minimum) for a period of 5 years subject to maximum of Rs 1 crore per annum
i am appling the 1000 shares how much got it
i have online ipo but my transtion no. not avilable.
Will Burnpur cement ever publish allotment and will it mevber get listed?
Dear Sir,
I have applied for the IPO and till date the listing and allotement detials are not out, kindly revert.
rgds,Bharat
I have applied for the BCL (Burnpur Cement Ltd) IPO and till date the listing and allotement detials are not out, kindly revert.
rgds,Bharat