Porwal Auto IPO is all set to hit the capital markets on the 17th of December, 2007 with an offer of around 50 lakh equity shares issued at Rs. 10 each with  a price band of Rs. 68 to Rs. 75 per share. Porwal Auto Components IPO will raise around Rs. 34 crore and Rs. 37.5 crore on the lower and higher end of the price band. Porwal Auto Components is engaged in the manufacturing of auto components for various auto companies in India, the company plans to use the funds raised through the issue for capacity expansion plans. Porwal Auto IPO subscription closes on 20th December, 2007 and the subscription is expected around 15 times. Porwal Auto Components IPO Subscription and the allotment in Porwal Auto IPO will be updated here, so visit us regularly.
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4 comments ↓
Hi,
Has anyone got idea about Manaksia & Porwal Auto IPO Quality??
Pl give yr suggestions.
I too have the same query. Can someone give some idea about these companies.
Thanks
What about the quality of “Precision Pipes & Profiles Company Ltd.” IPO
IS it worth applying for it and if yes what are the chances of oversubscription and allotment
Please give your suggestion
yes Precision Pipes IPO can fetch you a premium of around 30-35 rupees.
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