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Sita Shree Food IPO Opens on Mar 11 with price band Rs 27-30
The company that is coming up with new IPO on both BSE and NSE exchanges, Sita Shree Food Products is in the business of wheat and pulse processing. The product portfolio of the company consists of wheat flour, maida, rawa, daliya, suji, chana dal etc. These products are marketed under its own brand like Sita Shree, Regular and Sita Shree Gold. It has reported sales of Rs 80.73 crore and net profit of Rs 0.92 crore for the year ended March 2007.
Sita Shree Food Products is coming out with an initial public offering equity shares of Rs 10 each at a price band of Rs 27-30 per share for cast aggregating Rs 31.5 crore.
The issue will open for subscription on March 11 and close on March 14, 2008
Parle Software Ltd has informed the market that that on March 10, 2008,they will consider allotment of 3:1 Equity Share of Rs 10/- each fully paid up to the holders of existing equity shares of the Company who appear in there book by the Record date which they will announce later.
GSS America Infotech Ltd IPO Allotment Status and IPO Listing Day
After the earlier news of GSS America IPO being open for public offer between 11th Feb to 14th Feb with a price band of Rs 400 to 440, there is some more news about this stock. GSS America Infotech Ltd IPO listing date is decided as 7th March 08.
If you had applied for this IPO, GSS America Infotech Ltd IPO Allotment Status can be checked here.
V-Guard IPO Allotment Status
After the V-Guard issue price fixing at Rs 82, it's time to check V-Guard IPO allotment status here. The issue was oversubscribed 2.70 times. The issue received an good response with the qualified institutional buyers' portion being oversubscribed by more than 1.74 times, the retail portion by 4.24 times and the HNI portion by 2.92 times.
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