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SEL Manufacturing IPO is open for subscription

Date July 28, 2007

The SEL Manufacturing IPO is presently open for subscription. The SEL Manufacturing IPO opened for subscription on 26th July and will close for subscription on 31st July. The price band of SEL Manufacturing IPO is Rs. 80 to Rs. 90 per share. SEL Manufacturing IPO is a good IPO to invest in. SEL Manufacturing Limited is financially very strong and is poised to grow well in the coming years since it has a very attractive business model. Till now SEL Manufacturing IPO has been subscribed by about 2 times both in the QIB category and in the non institutional investor category. However the retail investor category is still undersubscribed.

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