3rd May 2010

Tara Health Foods Revises IPO Price on Bad Response

posted in News |

Tara Health Foods, a producer of edible oil and cattle/poultry feed, has extended the closing date for its one crore equity shares IPO, due to lukewarm response from investors. The issue, which was supposed to close on April 30, has been subscribed just 3% so far, as per data available on the NSE website.

The company has also revised the price band to Rs 175-185 per share from earlier of Rs 180-190. Now, the issue will be closed on May 5 instead of April 30, 2010.

This entry was posted on Monday, May 3rd, 2010 at 3:13 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.