Gravita India IPO

Gravita India ipoGravita India Ltd announced its initial public offer open on November 01, 2010 and would remain open for subscription till November 03, 2010 . “Gravita India ” increase nearly Rs 45 crore -through the initial public offering issue, The price band of the issue is Rs.120 (lower level) to Rs.125 (higher level)

Gravita India is involved in the business of producing of Lead Metal through Recycling and Smelting procedure & other lead products. Gravita is a flagship Firm of the Gravita Group that was founded in the year 1992 and it has manufacturing set up at Jaipur. Firm execute smelting of Lead Ore/ Lead Concentrate, Lead Battery Scrap to create primary and secondary Lead Metal, that is additionally converted in to Specific Lead Alloy, Pure Lead, Lead Products, and Lead Oxides with verified technologies as well as processes.

Gravita India produce numerous items associated with lead that are mostly utilized in industries such as pharmaceutical, battery, paint, ceramic, glass, electronic. Their primary products Pure / Refined Lead, Lead Alloys, Grey Oxide, Lead Ingots, Litharge and Red Lead. The Gravita Group have nine Lead manufacturing units, of that 2 are in Asia as well as 5 are in African region.

Firm has a subsidiary Gravita Exim LTD, a firm specializ in offering turnkey solutions as well as consultancy services on design as well as engineering for the secondary lead firms. They’re are experts in producing top quality pure lead ingots along with minimum purity level of 99.97percent by weight.

Face Value; Rs.10
Tick Size;
Minimum Order Qty: 50
Market Lot: 50
Issue Type is 100% Book Building.

IPO Grade for Gravita India

nsestocktips.in view; it is a good stock for subscrip with long term view and  it will bull up to 150 price level by vm.venkatesh

Conduct details

Address: ‘Saurabh Chittora Road, Harsulia Mod, Diggi – Malpura Tehsil: Phagi, Jaipur 303 904, Rajasthan
Phone number; 91-9928070682  Fax detail;. 91-141-2621491
Email address; companysecretary@gravitaindia.com
Website Url; http://www.gravitaindia.com

Book Running Lead Manager

Keynote Corporate Services Limited are the Book Running Lead Manager for . Gravita.


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