Wednesday, March 5, 2008

Sita Shree Food IPO - Analysis, Review and Recommendation

Sita Shree Food Products is coming out with an initial public offering equity shares of Rs 10 each at a price band of Rs 27-30 per share for cast aggregating Rs 31.5 crore. The company is into wheat and pulse processing. The issue will open for subscription on March 11 and close on March 14, 2008.

We do not recommend investors to invest in this IPO.

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