Manjushree Extrusions Ltd (MEL) FPO

Manjushree Extrusions Ltd (MEL) FPO
Period	31-Jan to 06-Feb 2008
Size (Equity Shares)	5,126,100
Type	Fixed Price Issue (FPO)
Face Value	Rs. 10-
Price Range	Rs 45 to Rs 45
Market Lot	Shares
Max shares Retails investor can apply at cut off	shares (Rs.)
Registrar	Alpha Systems Private Limited
Registrar's email	mel@123alpha.com
Lead Manager	Centrum Capital Limited
Listing	BSE
Grading
About the company
Established: 1987. Business: Manufacturing specialty plastic packaging products mainly containers and Jars for Multinational Companies in FMCG, Pharma, Food Processing and Agrochemical sectors. MEL market its product under the brand names 'POLYPET', 'DURAFLEX' and 'THERMOPET'. The major clients of the Company include Hindustan Lever, Nestle, Cadbury, Britannia, Glaxo Smith Kline, P&G, Coca Cola, Tata Tea, Goodricke Group, McLeod, Godrej, Nutrine, Wrigley's, Parry's, Heinz, P&G, Reckitt etc.
Objects of the Issue
To expand and diversify its operations by setting up facilities for manufacture of Speciality Plastic Containers and PET Preforms; To meet the Working Capital Margin requirement for the proposed project.