Experts are expecting listing of Euro Multivision Limited around Rs. 76.5 - 78.0 and may close in discount.
Euro Multivision Limited came out with an IPO of 8,800,000 Equity Shares of Rs 10 and was opened from 22-Sep-09 to 24-Sep-09. Price band was set to Rs 70 - Rs 75 Per Equity Share (Lot size: 90). Company fixed its issue price to Rs. 75, the upper band. EML IPO was over ubscribed 1.81 times. This will reduce the promoter's share from 81.11 % to 51.12 % after the issue.
This company is a part of EURO group. This Euro group is promoted by Shri Nenshi Shah.
