
✓
Open
7 May 2007
✓
Close
10 May 2007
3
Allotment
—
✓
Listing
Mon, May 28, 2007
Price Band
₹75 to ₹85
Issue Size
2,05,00,000 shares (agg. up to ₹154 Cr)
Lot Size
80 Shares
Listing Date
Mon, May 28, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.25x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To achieve the benefits of listing on the Stock Exchanges and to carry out the sale of 20,500,000 Equity Shares by the Selling Shareholder |
About Binani Cement IPO
Incorporate in July 1997 Binani Cement Limited (BCL) is subsidiary of Binani Industries Limited (BIL), a 150 year old company with diversified businesses like cement, zinc and glass fibre.BCL is a leading Indian cement manufacturer focused on the key markets of states in northern India and Gujarat in western India. BCL has significant presence in Rajasthan, Gujarat, Haryana and Delhi markets.BCL has facilities for manufacture of 2.25 MTPA of cement along with 25 MW coal/lignite based captive power plant at Sirohi, Rajasthan. BCL has two limestone mines, located at Amli and Thandiberi which are located at a distance of 2 Km and 7 Km from the Sirohi facility respectively.+ Read More
Contact Details
Binani Cement Ltd. AddressBinani Cement Limited706 Om Tower, 32Chowringhee RoadKolkata, West Bengal, 700071+ 91 33 2288 2508bclipo@binani.netVisit Website