11 Dec 07 Precision Pipes IPO : Precision Pipes and Profiles IPO Dates
Precision Pipes IPO Subscription Dates have been fixed by the company. Precision Pipes and Profiles IPO will open for subscription on December 17, 2007. The IPO will close for subscription on December 20, 2007. Precision Pipes IPO price band has been fixed between Rs. 140 and Rs. 150 per share. Precision Pipes and Profiles Company Limited will raise about 75 crores through the IPO. As per the DRHP, Precision Pipes and Profiles Company Limited will use the proceeds of the IPO to part fund the setting up of 2 new manufacturing plants. The first plant will be used for manufacturing auto components. The other plant will be used for manufacturing electrical outlet system products. Post IPO the shares of Precision Pipes and Profiles Company Limited will be listed on the NSE. Precision Pipes IPO Subscription details and Precision Pipes IPO Allotment details will be updated here frequently.
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