Globus Spitis IPO is opening on 07th Feb 2008
Globus Spirits IPO will be opening on 07th February, 2008 with an public offer of over 42 lakh equity shares with the price band of Rs.140 to Rs.160. Globus Spirits IPO Subscription closes on 12th February, 2008 and the issue is proposed to be listed on the BSE and NSE. Globus Spirits IPO has been graded by CARE and the company received CARE IPO Grade 3 for Globus Spirits IPO.
Globus Spirits is one of the premium alcohol manufacturers in Northern India which markets its alcochol products under the Brand Name IMFL. Globus Spirits has shown steady growth in its financials over the past 3 years and the company has grown at 30 percent CAGR with registered net profit after tax standing at Rs. 8.6 crore in the previous financial year.
The purpose of Globus Spirits IPO is to raise capital for expansion facilities and for modernisation of existing plants.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment