Cords Cable IPO Subscription begins

Cords Cable IPO opened today for subscription, the IPO will issue over 30 lakh equity shares at a price band of Rs. 125 on the lower end and Rs. 135 on the higher end. Cords Cable Industries IPO subscription closes on Thursday, 24th January, 2008. Cords Cable Industries is leading industries cables manufacturer, which plans to use the funds raised through the IPO for installing new production lines and to enhance existing ones. Cords Cable Industries IPO listing will be done on the BSE and the NSE. Book Running Lead manager to the Cords Cable IPO is Collins Stewart Pvt Ltd and the Registrar for Cords Cable Industries IPO is Intime Spectrum. Investors can apply in Cords Cable IPO for listing gains considering the markets being bearish. Cords Cable IPO Grey market premium is over Rs. 20 and the Subscription should be moderate as there are more number of IPO’s hitting the markets this month. More information regarding the Cords Cable IPO Allotment and Cords Cable IPO will be updated here.

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