IPO : Bajaj Corp Ltd

Bajaj Corp Ltd has declared IPO allotment Status. Check it here

Objects of the Issue:
The object of the issue are:

1.   To promote future products;
2.   For acquisitions and other strategic initiatives; and
3.   For general Corporate Purposes.

Issue Detail:

-»    Issue Open: Aug 02, 2010 – Aug 05, 2010
-»    Issue Type: 100% Book Built Issue IPO
-»    Issue Size: 4,500,000 Equity Shares of Rs. 5
-»    Issue Size: Rs. 283.50 – 297.00 Crore
-»    Face Value: Rs. 5 Per Equity Share
-»    Issue Price: Rs. 630 – Rs. 660 Per Equity Share
-»    Market Lot: 10 Shares
-»    Minimum Order Quantity: 10 Shares
-»    Listing At: BSE, NSE

Bajaj Corp Ltd IPO Grading / Rating

CRISIL has assigned an IPO Grade 4 to Bajaj Corp Ltd IPO out of 5 as CRISIL assigns IPO grading on a scale of 5 to 1, (indicating 5 as strong to 1 as weak).

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Tags: Bajaj Corp Ltd, IPO, IPO Allotment Status

Category: Blog, IPO