Syncom Healthcare limited IPO opening on January 27th 2010

About Syncom Healthcare limited Syncom Healthcare Limited was incorporated with an objective to manufacture and market pharmaceutical formulations. The Company is promoted by Shri Ajay S. Bankda, a renowned Indore based young entrepreneur. He started his career with retailing of formulations & later on established a nationwide marketing chain with marketing of own brands like CTZ, FASTAC, Q-CORIL and many more. Capitalizing on the boom in pharmaceutical industry and with the aim to benefit from the tax incentives, a WHO – GMP compliant manufacturing facility in various dosage forms has been setup at Selaqui, near Dehradun in area measuring 4397 sq. mts. The facility is situated on Dehradun – Chandigarh highway in the state of Uttaranchal. This region is absolutely free from noise, air and water pollution. Our newly constructed formulations manufacturing facility is based on ultra Modern ‘STATE OF ART TECHNOLOGY’ and has been designed by India’s leading consultants Doshi Consultants Pvt. Ltd. Syncom Healthcare limited IPO opens tomorrow Symbol – Series SHL EQ Issue Period Jan 27, 2010 to Jan 29, 2010 Issue Size 75,00,000 equity shares Issue Type 100% Book Building Face Value Rs. 10/- Price Range Rs. 65 to Rs. 75 Tick Size Re. 1/- Market Lot 90 Equity Shares Minimum Order Quantity 90 Equity Shares Maximum Subscription Amount for Retail Investor Rs.100000 IPO Market Timings 10.00 a.m. to 5.00 p.m. IPO Grading IPO Grade 2 Rating Agency Credit Analysis and Research Ltd (CARE) Syncom Healthcare IPO Allotment status will be available here. Syncom Healthcare limited IPO opening on January 27th 2010 is a post from: First Blog for Indian Financial Market

Originally posted here:
Syncom Healthcare limited IPO opening on January 27th 2010