SVEC Constructions IPO Subscription will start from 4th of February, 2008 and the IPO Subscription closes on the 8th of February, 2008. SVEC Constructions IPO will issue over 40 lakh equity shares to the public out of which, over 14 lakh equity shares are to be allotted to the Retail Investors. SVEC Constructions IPO price band has been fixed at Rs. 85 on the lower end and Rs. 95 on the higher end of the issue. SVEC Constructions is a Hyderabad based construction company with operational expertise in irrigation projects, residential townships and office complexes. SVEC Constructions IPO hasn’t been graded by any of the Rating agencies as the company has opted not to grade the IPO. SVEC IPO funds are proposed to be used for acquiring capital equipments and for working capital requirements. More updates and information regarding the SVEC Constructions IPO Subscription and SVEC IPO Allotment will be udpated here. Do visit us back for SVEC Constructions IPO Information.
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