
✓
Open
2 Aug 2010
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Close
5 Aug 2010
3
Allotment
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Listing
Wed, Aug 18, 2010
Price Band
₹630 to ₹660
Issue Size
45,00,000 shares (agg. up to ₹297 Cr)
Lot Size
10 Shares
Listing Date
Wed, Aug 18, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.12x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Promote the future products. | 220.00 |
| 2 | Acquisitions and other strategic initiatives. | 50.00 |
| 3 | General Corporate Purposes. | 5.46 |
About Bajaj Corp IPO
Incorporated in 2006, Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair care category. Bajaj Corp Ltd is part of Shishir Bajaj Group of companies (the "Bajaj Group"). Through its subsidiaries, the Bajaj Group operates businesses in the consumer goods, sugar, power generation and infrastructure development industries throughout India.Bajaj Corp sells the Bajaj Almond Drops, Amla Shikakai, Brahmi Amla and Jasmine Hair Oil brands. Bajaj Almond Drops is the key product of the company. It also produces oral care products under the brand name Bajaj Black Tooth Powder.Bajaj manufacture their products at two company-operated facilities in Parwanoo and Dehradun. Company also expect to open a third company-operated facility at Paonta Sahib. By completing this 3,500 square meter facility in Paonta Sahib, Bajaj expect their production capacity for light hair oil to increase from 39 million liters per annum to 74 million liters per annum. In addition, they also engage third-party manufacturers at Parwanoo, Himachal Pradesh for hair oils and Udaipur, Rajasthan to produce our oral care products. These third-party facilities have a combined installed capacity of 9 mil
Contact Details
Bajaj Corp Ltd. Address2nd Floor, Bld No.2, Solitaire Corporate Park167, Guru Hargovind MargChakala, Andheri (East)Mumbai, Maharashtra, 400093+ (91 22) 66919477 / 78complianceofficer@bajajcorp.comVisit Website