Aries Agro (AAL), a micronutrient and other nutritional products for plants and animals manufacturing company, is open for subscription with an IPO of 45,00,000 equity shares of Rs 10 each for cash at a premium to be decided through the 100 per cent book building process.
The price band for the issue is at Rs 120 to Rs 130. The issue will close on December 19, 2007 totalling 34.61% of paid-up capital.