Tuesday, August 25, 2009

[Investors Please Listen] IPO Update : Globus Spirits Ltd IPO opening on August 31, he price band for the issue has been fixed at Rs 90/- at lower level and Rs 100/- at upper level for equity share of Rs 10/-.

Upcoming IPO - Globus Spirits Limited

Incorporated in 1993, Globus Spirits Limited is one of the leading players in the Alcohol industry in North India. They are in the business of manufacturing, sales and marketing of Indian Made Foreign Liquor (IMFL), Industrial Alcohol and Country Liquor. Globus Spirits major brands are Samurai Gold, Hannibal Rum, White Lace Gin and White Lace Duet Gin.

Globus Spirits Ltd is entering in the capital markets with an initial public offering, IPO of [.] Equity share aggregating to Rs. 75 Crores, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 90/- at lower level and Rs 100/- at upper level for equity share of Rs 10/-.

The issue opens on August 31, 2009, and closes for subscription on September 02, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).




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