Tulsi Extrusions IPO Subscription begins on February 1st

Tulsi Extrusions IPO is set to hit the capital markets on 1st of February 2008 with an offering of 57 lakh equity shares. Tulsi Extrusions IPO price band has been fixed at Rs. 80 and Rs. 85 on the lower and higher end of the issue. Tulsi Extrusions is a PVC pipes manufacturer which markets its products under the brand “Tulsi”. Tulsi Extrusions IPO proceeds are planned to be used for expansion of facilities at Jalgaon and to setup various branch offices across India.ingencies (Rs 0.29 crore). It will also use for general corporate purposes and issue expenses.Tulsi Extrusions IPOis proposed to be listed on BSE and NSE stock exchanges while the BRLM is Almondz Global Securities. Tulsi Extrusions IPO closes on the 5th of February 2008. February month will be the busiest month for the Indian IPO’s in 2008 as so many IPOs hitting the market. More information and Updates regarding the Tulsi Extrusions IPO Subscription and Tulsi Extrusions IPO Allotment will be updated here.

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