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Batliboi to issue shares worth Rs 100 cr to QIB's
New Delhi, Jan 4 (UNI) Mumbai-based, Batliboi Ltd today said it will issue shares through a Qualified Institutions Placement (QIP) route to institutional buyers (QIB) amounting to Rs 100 crores.
The pricing of the Equity Shares proposed to be issued will be determined through the QIP Guidelines, said a statement.
The
companies
activities
comprise
of
textile
air
engineering,
textile
machinery,
machine
tools
and
air
conditioning.
Batliboi's
manufacturing
facilities
are
located
at
Surat
and
Bangalore
UNI
AK
PBB
DS1402
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Story first published: Saturday, January 5, 2008, 16:48 [IST]