Asian Granito IPO opens for subscription on 26th

July 24, 2007

Asian Granito IPO will open for subscription on the 26th of July and close for subscription on 31st of July. Asian granito manufactures vitrified tiles. Asian Granito has a subsidiary called asian tiles which manufactures low cost ceramic floor tiles. The Asian Granito IPO price band is between Rs. 80 and Rs. 102. The lot size is 60 shares. Asian grinito IPO is opening for subscription at a time when lot of good IPO’s are open for subscription. However since its a small IPO and since the financials of the company is good, the IPO is likely to be heavily oversubscribed.

Posted in IPO, IPO Subscription Details