Reliance Infratel IPO Price Band Information
Anil Dhirubhai Ambani Group : Reliance Infratel is going to bring out another IPO this season for a total sum up of 9000 crore rupees, with a total of 8.9 crore shares and the IPO is expected in March 2008.
The company is going to set up around 17000 towers all over india and the price band for this IPO would be around 550-610Rs which is a high amount considering other IPO’s this season.As per the financials, it has Rs 900 crore for the 9-month period of FY08 and Rs 150 crore in bottom line, so by the end of FY 08, revenues of Rs 12,000 crore and nearly Rs 200 crore worth of profit can be expected for the company.
Related Information in IPO News
- Bang Overseas (BO02) IPO Opens on : 28-Jan-2008 200-207Rs
- KNR Constructions (KC13) IPO Opens on : 24-Jan-2008 170-180Rs
- OnMobile Global IPO Opens on : 24-Jan-2008 425-450Rs
- Cords Cable Industries Limited IPO Price Payment Info
- Chemcel Bio-Tech Products Limited IPO Risk Factors
- Future Capital Holding IPO Opens on : 11-Jan-2008
- Aries Agro IPO Allotment status January Second Week
Tags : Anil Dhirubhai Ambani, anil dhirubhai ambani group, infratel ipo, ipo price, Reliance, reliance infratel , 180 Views
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments
No comments yet.
Share your Views