Thursday, April 10, 2008

Aishwarya Telecom IPO - Analysis, Review and Recommendation

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Aishwarya Telecom plans to tap the capital markets by issuing 52 lakh shares in a price band of Rs 32-35 per share. The company manufactures telecom fiber optic products. Its clients include BSNL, Tata Teleservices, and Bharati Telenet. It also exports cable fault locators to France, Taiwan, Czech Republic, and Dubai. It caters to telephone service providers, defence, railways, telecom equipment companies, and cable TV operators.

The issue will open for subscription on April 15 and close April 17.

We recommend investors to invest in this IPO. Bookmark this site for reference!
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