15 April 2011

Servalakshmi Paper IPO: Preliminary details

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Issue Terms
 
Issue price / Floor Price (Rs)
27-29
Application per share (Rs)
27.00



Issue Date and Size
 
Issue opens
27-Apr-11
Issue closes
29-Apr-11
Listing on
BSE, NSE
Issue size (Rs cr)
60



Lead Managers & Registrar
Lead Manager(1)
Keynote Corporate Services Limited
E-mail
mbd@keynoteindia.net
Lead Manager(2)
Indian Overseas Bank
E-mail
Registrar
Link Intime India Private Limited
E-mail
rtl.ipo@linkintime.co.in0



Company Contact Details
Company's address
31 (Old No. 10-Z), Bharathi Park, VII Cross, Saibaba Colony, Coimbatore, Tamil Nadu
Pincode
641011
Tel No.
0422 4333344
Fax No.
0422 4333355
Website
www.servalakshmi.in



Description
It is engaged in the business of manufacturing printing & writing paper and newsprint. It has total installed production capacity of 90000 MTPA.
Objects of Issue
  • Company will utilize the net proceeds of the issue for purchase of equipments for producing value added products, augmenting long term working capital requirement and to meet the preliminary & pre-operative expenses.

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