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Wednesday, February 16, 2011

Acropetal Tech sets IPO price band Rs 88-90/shr

Acropetal Technologies , an outsourcing service provider in healthcare, energy and environment verticals, has set price band of 88-90 rupees per share for its Rs 1.7-billion initial share sale, according to a newspaper advertisement on Wednesday.

The issue opens on Feb. 21 and closes on Feb. 24, according to the advertisement in a financial daily.

The funds raised will be utilised for acquisitions, to set up a software development centre and part repay term loans, among others.

Saffron Capital Advisors Private is the sole book running lead manager to the issue.

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HI I'am Baigalla Madhan behalf of (Universalfacts) My Blog, provides complete information of online financials data services which includes ,,, Private Equity (Asset Managers) (Investments), Venture Capital (Asset Managers) (Investments), M&A, IPO, Funds (Private Equity and Venture Capital Funds), Deals (Private Equity deals, Venture Financing Deals (series A to G), Strategic and M&A Deals), Limited Partners, Advisors Firms, Public Equity, Financials Reports...

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