Alumex IPO opens today

Thursday, 6 March 2014 01:08 - - {{hitsCtrl.values.hits}}

Multiple brokers recommended Rs. 838 million IPO of Alumex Ltd., subsidiary of diversified blue chip Hayleys Plc opens today. Through this IPO, the company will offer 59.9 million ordinary voting shares to the public at Rs. 14 each. The minimum subscription amount would be Rs. 1,400 or 100 shares. Alumex would be the 10th subsidiary of Hayleys Group to be listed in 22 years.

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