Manjushree Extrusions IPO : Manjushree IPO Subscription on January 31st

Manjushree Extrusions IPO will open for subscription on the 31st of January 2008, with over 51 lakh equity shares at a premium of Rs. 35 per share. Manjushree Extrusions IPO will raise over Rs 23 crore through the public issue and a further amount of Rs. 13 crore to be raised through the Follow on Public offer.

It is known that the company has filed its offer document with SEBI for a Rights Cum Public issue for Rs 37.5 Crores. Manjushree Extrusions is a speciality plastic packaging products company with 2 and half decades experience and have a good client base that includes Unilever Group,Nestle,Heinz,Pepsi Cola,Glaxosmithkline.

Manjushree Extrusion IPO will close for subscription on 6th February, 2008 and the issue is proposed to be listed on the BSE . BRLM to the Manjushree IPO is Centrum Capital Markets Limited.

For updates on Manjushree Extrusions IPO Subsription details and allotment information do visit this blog regularly.