Gremach Infra revises price and extends date of issue

March 15th, 2007 by Analyst

Gremach Infra has extended the closing date of its IPO to 19th March and has revised its price band to Rs. 72 - Rs. 86. The total issue size was of 8194445 equity shares and bids have been received for only 2632980 equity shares constituting 0.32% of the total issue. The issue is not even fully subscribed till now and therefore the company had to revise the price band.

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