Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name "Valley Strong Cement". BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.
Barak Valley Cements is entering the capital markets with an initial public offering, IPO of 56,60,000 Equity Shares, for cash, at a premium to be decided through a 100% Book Built Issue.
Other details:
BARAK VALLEY CEMENTS LIMITED | |
Symbol - Series | BVCL EQ |
Issue Period | October 29, 2007 to November 01, 2007 |
Issue Size | 5660000 Equity Shares |
Issue Type | 100% Book Building |
Face Value | Rs. 10/- |
Price Range | Rs 37 to Rs 42 |
Tick Size | Re. 1/- |
Market Lot | 150 shares |
Minimum Order Quantity | 150 shares |
Book Running Lead Manager | UTI Securities Limited |
Co-Book Running Lead Manager | Karvy Investor Services Limited |
Syndicate Member | Karvy Stock Broking Limited |
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