24 May 07 Meghmani Organics Limited IPO
Meghmani Organics Limited, a manufacturer of Pigments and Agrochemicals, is all set to tap the capital markets with an IPO of Rs.102 crores. Meghmani Organics Limited has fixed the price band for the IPO between Rs.17 and Rs.19 per equity share of face value Rs.1 each. The Meghmani Organics Limited IPO opens for subscription on June 4, 2007 and closes on June 7, 2007. IL&FS Investsmart Ltd and Edelweiss Capital Ltd. are the Book Running Lead Managers for the Meghmani Organics Limited IPO Issue. The registrar for the Meghmani Organics Limited IPO is Intime Spectrum. Post IPO, the shares of Meghmani Organics Limited will be listed both on NSE and BSE. For updates on the subscription / oversubscription ratio of Meghmani Organics Limited IPO and to know the allotment status, refund details and listing date of Meghmani Organics Limited, do check this blog regularly. Meghmani Organics Limited has stated in the IPO Prospectus that the objects of the Issue is to fund a greenfield high performance pigment plant at Vatva, Ahmedabad and a multi purpose agro chemicals plant at Panoli. Meghmani Organics Limited’s Depository Receipts are listed on the Singapore Stock Exchange. Meghmani Organics Limited has been awarded the Investors Choice Awards for the Most Transparent Company for two consecutive years.
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Meghmani IPO is a feather in the cap of MOL group. The promoters are technocrats with good
business track record.the company has been listed in singapore stock exchange and deserves compliments for getting an award for most transparent company.
seems a good ipo of a good company
Hi,
how to know the status of total subscription (financial institutes and others) for any IPO ?
how to know the records of the company?
@Vipul – IPO subscription details are available in the nse site
@khamir – By records do you mean the financial performance of Meghmani Organics Limited?
What is the date of listing of Meghamani organics IPO.Is it good to invest in IPO of the same.What are the prospects for Meghamani organics IPO.Can we expect good results at the day of listing in NSE.
What about the allotment, Any news??? when will it get alloted to retailers ? And one should exit on listing or hold for long term gain, as it seems to give a very high return in future.
@ Hrish – Allotment is out.
http://www.bullishindian.com/meghmani-organics-limited-ipo-allotment-status/360/
Dear Bullish Indian,
the link (intimespectrum(dot)com/site/ipo.asp) is not working.
I think the problem is with intimespectrum(dot)com only. their server is down. any other link or site, frm where we get allotment status?
Yeh, their server is down because of the high load. It will start working normally soon
Dear Sir
I am T.R. Gulati, I have a 100 Shares of Meghmani Organics Ltd Of Rs. 32.00
But now its price is 41-24
Please tell about this shares when rate of this shares are high.
A waiting for you reply.
Thanking You
Regard
T.R.Gulati
Ph 09997766216