New Listing – IPO – Bedmutha Industries Limited

NSE & BSE Circulars regarding Listing of New Equity shares of Bedmutha Industries Limited (IPO),on 14.10.2010 are summarised herewith for your ready reference and perusal.

On the first day of listing of new equity shares, the DPR (Daily Price Range/ Price Band) is not applicable.



Name of the Company: Bedmutha Industries Limited

Series: EQ

ISIN: INE844K01012

Face Value: Rs.10/-

Paid-up Value: Rs.10/-

Issue Price for the current public issue: Rs. 102/-

Security Description: Equity shares of Rs.10/- each fully paid up

No. of securities: 21031611

Distinctive number range: 1 to 21031611

Market lot: 1

Pari Passu: Yes

Lock in details: As Per Annexure I


Name of the company: Bedmutha Industries Limited

Securities: 2,10,31,611 equity shares of Rs.10/- each fully paid up Distinctive Nos.: 1 to 21031611

Market Lot: One Share

Scrip Code: 533270

Today’s Levels (14-10-2010)

(Last Close : Sensex 20688 : Nifty Spot 6234)
Today’s Levels
Trade long if Sensex sustains above 20670 (Nifty 6230)
[Upside targets/resistances at 20707(6240)/20815(6270) or higher]
Trade short if Sensex fails to sustain above 20815 (Nifty 6270)
[Downside targets/supports at 20707(6240)/20670(6230) or lower]

FOR THE DAY (14-10-2010)

FOR THE DAY: The indices are expected to open on a strong note in response to the positive moves in the global indices. Trade long if Nifty holds above 6300 else from 6250 levels with stop loss at 6220 for targets of 6350 levels.