[MyFamilyInvestment] Esteem Bio Orgranic Food Processing IPO
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Jan 15, 2013, 11:30:04 PM1/15/13
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Esteem Bio Organic Food Processing, a delhi based company, has come out with its IPO of 45 lakh equity shares of Rs 10 each and aims to raise Rs 11.25 crore through public issue. Net issue for the public is of 37.50 lakh equity shares while the balance 7.5 lakh shares will be reserved for subscription by market makers to the issue.
The IPO shall open on 18 January, 2013 and shall close on 22 January, 2013. The issue price is fixed at Rs 25 per share. Bids can be made for minimum of 6,000 equity shares and in multiples of 6,000 shares thereafter.
Esteem Bio Organic intends to use issue proceeds for setting up of shade net cultivation facility; development of farm land for organic farming; procurement of farm tools and equipments; and brand building.
The IPO will be listed on BSE SME. Guiness Merchant Bankers Private Limited is the book running lead manager to the issue.
The IPO shall open on 18 January, 2013 and shall close on 22 January, 2013. The issue price is fixed at Rs 25 per share. Bids can be made for minimum of 6,000 equity shares and in multiples of 6,000 shares thereafter.
Esteem Bio Organic intends to use issue proceeds for setting up of shade net cultivation facility; development of farm land for organic farming; procurement of farm tools and equipments; and brand building.
The IPO will be listed on BSE SME. Guiness Merchant Bankers Private Limited is the book running lead manager to the issue.
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Posted By Blogger to MyFamilyInvestment at 1/16/2013 10:00:00 AM
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