Monday, December 10, 2007

Porwal Auto Components Limited IPO opens for subscription on 17th Dec, 07

Porwal Auto Components Ltd (Incorporated in 1992) engaged in the manufacturing and marketing of S.G. (Ductile) Iron and Grey Cast Iron Castings and components especially meant for the automobile sector. The present manufacturing capacity for casting components is 9000 MT per annum and plans are under implementation to expand further to a capacity 27600 MT per annum by June 2008. Some of its products are Hubs Front & Rear, Diff Carriers, Brackets, Diff cases & Assemblies, Exhaust mainfolds & Bends, Housing & Link Casting, Brake Drums, Transmission Cases.

Porwal Auto is ISO 9001:2000 Certified Company.Some of its Clients are Eicher Motors Limited,Brakes India limited,L&T,Force Motors Limited and Tata Autocomp systems Limited. It has also got Eicher Motors Ltd. Award for Outstanding Contribution to Supply Chain Mgmt.


  • Open - 17 Dec
  • Close - 20 Dec
  • Issue Type -100% Book Building Issue
  • Issue Size - 5,000,000 Shares Equity Shares Of Rs. - Each
  • Issue Price - Rs 68/- to Rs 75/- Per Equity Share
  • Maximum Subscription Amount for Retail Investor: Rs 100,000/-
  • Listing - BSE, NSE
  • Lead Manager- Keynote Corporate Service Ltd
  • Registrar - Intime Spectrum Registry Ltd
  • Phone - 022 2596 0320
  • Email - -------
  • Website - www.intimespectrum.com
  • Application Multiple - 80 and in multiples there off starting with atleast 80 shares
  • Cheque In Favour Of - "Escrow Account - Porwal Auto Compoents Ltd Public Issue - R" For Retail investors

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