Indian IPO

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Tuesday, June 24, 2008

Somi Conveyor Beltings to raise Rs 16.5 cr through IPO

Somi Conveyor Beltings said they are raising Rs 16.55 crore through the Initial Public Offering (IPO) and also we are putting Rs 10 crore, so total comes to Rs 21 crore odd. The funds raised will be used exclusively for their plant.

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