Precision Pipes IPO : Precision Pipes and Profiles IPO Subscription

Precision Pipes IPO is all set to open for Subscription on December 17, 2007 and plans to raise Rs 75 crore through the IPO with the price band of the IPO set between Rs. 140 on the lower end and Rs. 150 on the higher end of the issue. The company plans to use the funds raised through the IPO to estabilish new manufacturing facilities. Precision Pipes and Profiles is engaged in the production of Auto Components for various automobile companies. Precision pipes and Profiles Company shares are to be listed on the NSE after the IPO and the IPO closes for subscription on 20th December, 2007. Precision Pipes IPO Subscription and Precision Pipes Allotment status will be posted here, so do visit us regularly.