Jubilant Foodworks IPO Opens on January 18, 2010
The Initial Public Offering (IPO) of Jubilant Foodworks Ltd will hit markets on Monday – January 18, 2010. The company is coming out with IPO of 22,670,447 Equity Shares of Rs 10 each for cash at a price band of Rs. 135 – Rs. 145 Per Equity Share through 100% book building process. The Minimum Bid Size is 40 Equity Shares. The Issue Size is between Rs Rs. 306.05 – 328.72 Crore. The Face Value is Rs. 10 Per Equity share. The company plans for Listing At National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
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Comments
[...] Jubilant Foodworks IPO was subscribed 3.46 times at the end of the second day of the issue on NSE on Tuesday, 19 January 2010. The IPO received bids for 6.78 crore shares as against 1.96 crore shares on offer. The issue closes on 20 January 2010. [...]
Equity shares of Jubilant FoodWorks will list on Monday, February 08. The issue price has been set at Rs 145 a share.
A very pricely issue.Only high risk investors can apply in small lot