Aishwarya Telecom is coming out with an initial public offering of 52 lakh shares at a price band of Rs 32-35 per share. The issue will open for subscription between April 15 and April 17, 2008.
Aishwarya Telecom manufactures telecom fiber optic products. Its clients include BSNL, Tata Tele Services and Bharati Telenet. It also exports cable fault locators to France, Taiwan, Czech Republic and Dubai.
The company also manufactures products for telephone service providers, defence sector, railways, telecom equipment companies and cable TV operators.
Source: Moneycontrol.com
Thursday, April 10, 2008
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