Bedmutha Industries IPO

steel wireBedmutha Industries Limited announced its initial public offer open on September 28, 2010 and would remain open for subscription till October 01, 2010. The company raise nearly Rs 92 crore -through the IPO issue, Issue Type is 100 per cent Book Builting, The price band of the issue is Rs.95 (low) – 102 (high).

Bedmutha Industries is one of the major steel wire producers in west India situated in Nashik. The firm run 4 manufacturing units around Nashik and they’re tactically situated in closeness to the origin of raw materials as well as markets make sure cost efficient and logistic gains.

Firm has broad range of wire as well as wire goods – Cable Armour Wires, Galvanized wires, Wire Nails, ACSR Wires, Stay Wires, Barbed Wires, Spring Steel Wires, Earth Wires etc. Products are utilized in numerous fields like bridges, roads, flyovers, automobile, power, agriculture, engineering, defence and railways.

Their products are authorized through State Electricity Boards , Power Grid Corporation and Bureau of Indian Standards, Kamalasha Infrastructure and Engineering Pvt Ltd are the promoter of bedmutha.

Face Value; Rs. 10
Tick Size;
Minimum Order Qty: 65
Market Lot: 65
Issue Type is 100%  Book Building.

Grade for Bedmutha IPO

IPO grade ‘3/5’ to the IPO of  Bedmutha, this imply that the fundamentals of the issue are Average relative to other listed equities.

analyst view come later…

Conduct details

Address: Bedmutha Industries Ltd, A-32, STICE,  Sinnar, Nashik-422 103, Maharashtra, India
Phone number; 91-255124048  Fax detail;. 91-2551 240482
Email address;ipo@bedmutha.com
Website Url; www.bedmutha.com

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