MARKET DEVELOPMENT
NCML Industries Files IPO Papers With SEBI
NCML Industries Files IPO Papers With SEBI
05/04/2013 (MoneyControl.com) - NCML Industries has filed a draft red herring prospectus (DRHP) with SEBI for a public issue of 60 lakh equity shares of a face value of Rs 10 each.
The company is one of the leading edible oil importing, manufacturing and marketing Companies of India with international presence, dealing in various edible oils such as Soya bean oil, Cottonseed oil, Palm oil (Palmolein), and Mustard oil, Rapeseed Oil etc.
The objects of the Offer are to carry out the sale of 60,00,000 Equity Shares by the selling shareholders and to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
The Equity Shares are proposed to be listed on BSE and NSE. BSE shall be the designated stock exchange for the purpose of this offer.
Corporate Strategic Allianz Limited is the book running lead manager and Satellite Corporate Services Private Limited is registrar to the issue.
The company is one of the leading edible oil importing, manufacturing and marketing Companies of India with international presence, dealing in various edible oils such as Soya bean oil, Cottonseed oil, Palm oil (Palmolein), and Mustard oil, Rapeseed Oil etc.
The objects of the Offer are to carry out the sale of 60,00,000 Equity Shares by the selling shareholders and to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
The Equity Shares are proposed to be listed on BSE and NSE. BSE shall be the designated stock exchange for the purpose of this offer.
Corporate Strategic Allianz Limited is the book running lead manager and Satellite Corporate Services Private Limited is registrar to the issue.