A Reliance Capital Company
Company Search 43
Open an Account  | Login  | Demo
Saturday, November 24, 2007
Real news in Real Time! National and international updates on all products by leading agencies such as Dow Jones, Capital Markets, Commodities Control and more.
Equity   |   Derivatives   |   IPO   |   Commodity   |   Mutual Funds   |   Forex   |   Insurance   |   Mobile

OVERVIEW

Capital Market Live News    Dow Jones News Wire    Derivatives/F&O News    Advanced Search   
Commodity News    Forex News   


IPO News
Nov 22 2007 12:00AM
Varun Industries attracts 87.75% premium on debut

Varun Industries settled at Rs 112.65 on BSE, a premium of 87.75% over IPO price of Rs 60.

1.11 crore shares were traded on the counter on BSE.

The stock debuted on BSE at Rs 105, a 75% premium compared to its issue price of Rs 60. It hit high of Rs 150 and low of Rs 94.20 during the day.

Varun Industries came out with an initial public offering (IPO) of 90 lakh equity shares of Rs 10 each, at a price of Rs 60 per share. It was fixed priced IPO. The issue opened on 25 October 2007 and closed on 1 November 2007.

Mumbai-based Varun Industries is an exporter of stainless steel kitchenware, table ware, pet ware and other utility items. The company has its manufacturing plant and warehouse at Vasai, near Mumbai.

The company posted 38.90% rise in net profit to Rs 19.56 crore on 24.40% growth in net sales to Rs 741.98 crore in the year ended March 2007 over the year ended March 2006.

|

  Source:   

   Capital Market Disclaimer
Back
 
 
News
 
Research
 
Markets
 
Knowledge Center
 
Charting
 
Customer Service
 
Contact Us
 
Site Map
 
SEBI | BSE | NSE
Terms & Conditions | Disclaimer | Online Privacy | Trouble Logging in
Copyright© 2007. All rights Reserved. Reliance Money Limited
Equities: Trading through Reliance Securities Limited | NSE SEBI Registration Number Capital Market :- INB 231234833 | BSE SEBI
Registration Number Capital Market :- INB 011234839 | NSE SEBI Registration Number Derivatives :- INF 231234833 Commodities : Trading through Reliance Commodities Limited | MCX member code: 29030 | NCDEX member code: NCDEX-CO-05-00647|
NMCE member code: CL0120 Mutual Funds : Reliance Securities Limited | AMFI ARN No.29889
In case of any grievances please write to [email protected]
In case of any queries/ complaints with respect to stock broking transactions executed on this website or pertaining account opening, Pl.address your correspondence to Reliance Securities Limited.