Asian Granito India Limited
Asian Granito India, a manufacturer of vitrified tiles plans, is open for subscription with an IPO of 70 lakh equity share of Rs 10 each through a 100 per cent book building issue.
IPO Period: July 22 to July 31
Price Range: Rs.85 to Rs. 102
Minimum Share Lot: 60 Shares
Recommnedation: Subscribe
Grade: Average- for Long term
Comments
Asian Granito is a good company.Its R&D facility is very strong and it is leading player in vitrified tiles. Clients are Kalpataru, HPCL, Omaxe, HCC etc, so investors can subscribe with long term view.
Premium on Listing: 20 -25%*
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