Sunday, 2 October 2016

{LONGTERMINVESTORS} Endurance Technologies Ltd (ETL) -IPO

 

Endurance Technologies Limited - IPO

Company Background

Endurance Technologies Limited (ETL) is the largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of aggregate revenue for FY15. ETL is a Tier 1 company, which directly supplies most of its products to Original Equipment Manufacturers (OEMs). ETL has operations in Europe with highly automated manufacturing facilities in Italy and Germany.

Issue Size

The offer comprises Offer For Sale of up to 2.46 cr. share to raise Rs.1149.3-1161.73 cr

 

Price Band

Rs. 467-472

Issue Opens

Oct 05, 2016

Issue Closes

Oct 07, 2016

 

Indicative time line

On or Before

Finalization of Allotment

Oct 17, 2016

Initiation of refund /unblocking of funds

Oct 18, 2016

Credit of Shares to D-mat Allottees

Oct 18, 2016

Listing on Stock Exchanges

Oct 19, 2016

 

​ 

 

Regards,
Asit C. Mehta Investment Interrmediates Ltd

 




--
CA. Rajesh Desai

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