NCML Industries` IPO to open on Monday, Dec 29 -- Moneycontrol

Please Share::

�� India Equity Research Reports, IPO and Stock News Visit http://indiaer.blogspot.com/ for complete details ��

��

-->

Public issue of 60 lakh equity shares of a face value of Rs 10 each of NCML Industries is going to open on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The issue will open for subscription on December 29, 2014 which has scheduled to close on January 02, 2015. The equity shares are proposed to be listed on BSE and NSE. BSE shall be the designated stock exchange for the purpose of this offer. The issue has been graded by ICRA and has been assigned the "IPO grading 3". The objects of the offer are to carry out the sale of 60,00,000 equity shares by the selling shareholders and to achieve the benefits of listing the equity shares on the stock exchanges. The company is one of the leading edible oil importing, manufacturing and marketing Companies of India with international presence, dealing in various edible oils such as Soya bean oil, Cottonseed oil, Palm oil (Palmolein), and Mustard oil, Rapeseed Oil etc. Corporate Strategic Allianz Limited is the book running lead manager and Satellite Corporate Services Private Limited is registrar to the issue.