The Initial Public Offering (IPO) of Barak Valley Cements Limited is scheduled from 29-Oct-2007 to 01-Nov-2007. The issue price range is Rs. 37/- to Rs 42/-. The minimum order quantity is 150 shares and the market lot is 150 shares (i.e., you can order only in multiples of 150 shares.)
This company is located in the Barak Valley region of Assam. Because of its location in the north eastern part of our country, it enjoys various benefits offered by the government for that region. Some of the benefits are 100% central excise duty exemption, 100% central sales tax exemption and 100% income tax exemption. For more complete details of the benefits it enjoys, check here.
This company has been awarded Certificate of Excellence from Institute of Economic Studies (IES), Delhi. But, after reading this, I am not very much impressed with that award. Anyway, wait for the recommendations to decide about this IPO.
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1 comment:
Good post.
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