03 Jun 08 Sejal Glass IPO Subscription Details
Sejal Glass IPO Subscription opens on, guess when? yes! Monday, June 09, 2008. Looks like Monday June 09 seems to be some sort of an auspicious day for taking companies public. At a time when IPO’s are hard to come by, suddenly you find that there are three new IPO’s opening for subscription on the same day. Sejal Glass IPO unlike Avon IPO is a book building IPO issue. Sejal Glass IPO price band has been fixed at Rs. 105 to Rs. 115 per share of face value Rs. 10 each. Sejal Glass IPO closes on (no prizes for guessing) Thursday, June 12, 2008. All the three IPO’s will be closely tracked and updated in this blog. SEJAL IPO has been graded by CRISIL and has received a grading of 1 out of 5 which means the fundamentals of Sejal Structural Glass Limited are bad when compared to other listed companies in India. Sejal Structural Glass would use the proceeds from the IPO to open a new plant.
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