Hey Guys, any news on this IPO??
I have one question to ask. If No data of a company planning an IPO is available, how do we research it?? On what basis do we invest/not invest in any IPO??
Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name Valley Strong Cement. BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.
BVCL's income for fiscal 2005, 2006, 2007 were, Rs. 4916.59 Lacs, Rs. 5366.76 Lacs, Rs. 7438.02 Lacs respectively. PAT for fiscal 2005, 2006, 2007 were Rs. 1111.54 Lacs, Rs. 1237.10 Lacs and Rs. 1430.89 Lacs respectively.
Objects of the Issue:
1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for To expand clinkerisation capacity of our company from present 420 TPD to 550 TPD and Cement Grinding Capacity from 460 TPD to 600 TPD;
2. Investment in subsidiary companies:
* For setting up a biomass based power project at Badarpurghat, Assam by our wholly owned Subsidiary Badarpur Energy Private Limited;
* For installation of a Cement Grinding Unit by our wholly owned subsidiary Cement International Limited at Badarpurghat, Assam;
* For installing a Limestone Crushing and galvanized plant at Lumshnong, Meghalaya by our wholly owned subsidiary Meghalaya Minerals & Mines Limited.
Barak Valley Cements Limited IPO Information
Public Issue Open : October 29, 2007 to November 01, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 56,60,000 Equity Shares of Rs. 10/-
Public Issue Price: Rs. 37/- to Rs. 42/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing At: BSE, NSE
Lead Manager(s): UTI Securities Limited
Registrar : Intime Spectrum Registry Ltd (Ph: 022 2596 0320 Email: [email protected])
--Source- www.chittorgarh.com
I have one question to ask. If No data of a company planning an IPO is available, how do we research it?? On what basis do we invest/not invest in any IPO??
Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name Valley Strong Cement. BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.
BVCL's income for fiscal 2005, 2006, 2007 were, Rs. 4916.59 Lacs, Rs. 5366.76 Lacs, Rs. 7438.02 Lacs respectively. PAT for fiscal 2005, 2006, 2007 were Rs. 1111.54 Lacs, Rs. 1237.10 Lacs and Rs. 1430.89 Lacs respectively.
Objects of the Issue:
1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for To expand clinkerisation capacity of our company from present 420 TPD to 550 TPD and Cement Grinding Capacity from 460 TPD to 600 TPD;
2. Investment in subsidiary companies:
* For setting up a biomass based power project at Badarpurghat, Assam by our wholly owned Subsidiary Badarpur Energy Private Limited;
* For installation of a Cement Grinding Unit by our wholly owned subsidiary Cement International Limited at Badarpurghat, Assam;
* For installing a Limestone Crushing and galvanized plant at Lumshnong, Meghalaya by our wholly owned subsidiary Meghalaya Minerals & Mines Limited.
Barak Valley Cements Limited IPO Information
Public Issue Open : October 29, 2007 to November 01, 2007
Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO )
Public Issue Size: 56,60,000 Equity Shares of Rs. 10/-
Public Issue Price: Rs. 37/- to Rs. 42/- Per Equity Share
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing At: BSE, NSE
Lead Manager(s): UTI Securities Limited
Registrar : Intime Spectrum Registry Ltd (Ph: 022 2596 0320 Email: [email protected])
--Source- www.chittorgarh.com