Saturday, May 31, 2008

Avon Weighing Systems IPO - Analysis, Recommendation and Review

Avon Weighing Systems is entering the capital markets on June 9, 2008 with a public issue of 1,37,33,033 equity shares of Rs 10 each, comprising of promoters contribution of 38,96,633 shares. Thus the net offer to the public is 98,36,400 shares and will list on BSE. The issue price is same as the face value. The issue will close on June 12, 2008.

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