C Mahendra Exports Ltd - Company Profile, Issue Details, Price band, ICRA Rating to IPO, Issue Size

C Mahendra Exports Ltd - Company Profile, Issue Details, Price band, ICRA Rating to IPO, Issue Size

Incorporated in 1978, C Mahendra Exports Ltd is one of the leading diamantaire and Jewellery Company, engaged is in the business of manufacturing and trading of diamonds, precious stones and jewellery. It is an integrated diamond and diamond jewellery player encompassing sourcing of rough diamonds, trading of rough and polished diamonds, processing of diamonds and manufacture of diamond jewellery.

Issue Detail:

• Issue Open: Dec 31, 2010 - Jan 06, 2011
• Issue Type: 100% Book Built Issue IPO
• Issue Size: 15,000,000 Equity Shares of Rs. 10
• Issue Size: Rs. 142.50 - 165.00 Crore
• Face Value: Rs. 10 Per Equity Share
• Issue Price: Rs. 95 - Rs. 110 Per Equity Share
• Market Lot: 60 Shares
• Minimum Order Quantity: 60 Shares
• Listing At: BSE, NSE

ICRA Limited has assigned an IPO Grade 2 to C Mahendra Exports Ltd IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.