• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, March 18 20 Microns Ltd, a manufacturer of white minerals, announced that it has filed the draft red herring prospectus with SEBI to enter the capital markets soon with an initial public offering. The company plans to offer 94.25 lakh equity shares of Rs 10 each for cash at a price to be decided through a 100 per cent book building process.

The company will reserve 4.71 lakh equity shares for eligible employees. The issue will constitute 49.10 per cent of the post issue paid up capital of the company. The equity shares are proposed to be listed on both the BSE and the NSE. The book running lead manager is Keynote Corporate Services Ltd.

More Stories on : IPOs | Minerals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Corporate developments

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line