The price band for the upcoming IPO of Aqua Logistics Ltd. is fixed at Rs.220/- to Rs.230/- per equity share. The IPO would open for subscription from Monday, January 25, 2010. The Company plans to raise Rs.150 Crs through this IPO and intends to use the issue proceeds for purchasing of specialized equipments; expansion & establishment of offices; funding proposed acquisitions and for meeting additional working capital requirements
The IPO would remain open till Thursday, January 28, 2010. More details on Aqua Logistics IPO will be posted here. Check back Indian IPO Blog for updates on Aqua Logistics IPO!
