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    Sanco Industries files IPO papers with SEBI

    Sanco Industries has filed a draft red herring prospectus (DRHP) with SEBI for a public issue of Rs 14 crore.

    May 06, 2013 / 12:18 PM IST

    Electrical cables wires and plastic pipe manufacturer Sanco Industries filed a draft red herring prospectus (DRHP) with SEBI for a public issue of Rs 14 crore.


    The company intends to use issue proceeds for capital expenditure on existing manufacturing capacity of PVC pipes and wire & cable; working capital requirement and general corporate purpose.


    Also Read - After Sai Silks, Scotts Garments too withdraws IPO


    Equity shares are proposed to be listed on the SME Platform of the NSE.

    Keynote Corporate Services Limited is the book running lead manager and BEETAL Financial & Computer Services (P) Limited is the registrar to the issue.

    Tags: #BEETAL Financial & Computer Services (P) Limited #draft red herring prospectus #DRHP #IPO - Upcoming Issues #Keynote Corporate Services Limited #NSE #public issue #Sanco Industries #SEBI #SME platform
    first published: May 4, 2013 05:13 pm

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