Date: 12.08.2007 Incorporated in 1980, Magnum Ventures Limited (formerly Magnum Papers Limited) is in the business of trading and manufacturing paper. MVL has installed capacity of 85,000 MT per annum and manufacturing activities cover writing & printing paper, and duplex boards. Magnum has three manufacturing units located in Industrial Area, Sahibabad, Uttar Pradesh.
MVL is running successfully for 25 years and generating cash profits. The Company has registered a turnover of Rs. 8090.72 lakhs and PAT of Rs. 810.06 lakhs for the financial year 2005-06.
MVL is running successfully for 25 years and generating cash profits. The Company has registered a turnover of Rs. 8090.72 lakhs and PAT of Rs. 810.06 lakhs for the financial year 2005-06.
Information:
»» Public Issue Open : 27 August 2007 to 30 August 2007
»» Public Issue Open : 27 August 2007 to 30 August 2007
»» Public Issue Type : 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 1,76,40,750 Equity Share of Rs 10/- each
»» Public Issue Price: Rs. 27/- to Rs. 30/- Per Equity Share
»» Market Lot: 25 Shares
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing : BSE, NSE