Subject: PG Electroplast IPO to open on Sep 7th
1. Upcoming IPO - PG Electroplast Ltd
PG Electroplast is entering in the capital markets with an initial public offering, IPO of 5,745,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 190/- at lower level and Rs 210/- at upper level.
PG Electroplast Ltd is in the business of Electronic Manufacturing Services (EMS). Company manufactures variety of electronic component and finished goods for Original Equipment Manufacturers (OEMs) of consumer electronic products in India. PG Electroplast manufactures products as color television sets (CTV) & components, air conditioners sub-assemblies, DVD players, water purifiers and Compact Fluorescent Lamps (CFL).
The issue opens on Sep 07, 2011 and closes for subscription on Sep 12, 2011. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
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