Euro Multivision to list on 15 October

MUMBAI: Euro Multivision, manufacturer of compact disc recordables (CDRs) and digital versatile disc recordables (DVDRs), will list its equity shares issued via public issue on the exchanges on 15 October, 2009.

The company came out with an initial public offering (IPO) of 88 lakh equity shares during 22 – 24 September, 2009. The issue price was fixed at Rs 75 per share, which was subscribed 1.81 times. Euro Multivision raised Rs 660 million (Rs 66 crore) via this issue.

Post the issue, the promoters’ shareholding has been reduced to 51.12% from 81.11%.