Financial Daily from THE HINDU group of publications
Tuesday, Nov 22, 2005
Financial Daily from THE HINDU group of publications Tuesday, Nov 22, 2005 |
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Markets
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IPOs Repro fixes Rs 145-165 price band for IPO Our Bureau
Mr Vinod Vohra (left), Chairman, Repro India Ltd, with Mr Sanjeev Vohra, MD, at a press conference held in Mumbai on Monday. - Paul Noronha
Mumbai , Nov 21 REPRO India, an integrated end-to-end printing service provider, has set a price band of Rs 145-165 a share for its 26.20-lakh shares initial public offering. The issue opens on November 28 and closes on December 1, a company release said. The proceeds of the issue will be used for capital expenditure for the enhancement of the existing printing facility, setting up a new printing facility in the special economic zone in Navi Mumbai; and setting up infrastructure for content process outsourcing. In the first six months of the current year, the company reported a total income of Rs 54.52 crore and a net profit of Rs 5 crore.
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