Nutek IPO is another IPO which is likely to hit the markets in June 2008. The DRHP filed by the company has received the approval of SEBI, last week. India Infoline and SPA Merchant Bankers, a small Mumbai based Merchant Bank, are the lead managers for the Nutek IPO. Nutek India IPO subscription dates and the price band for the public issue will be announced by the company about a week before the issue opens for public subscription. Nutek India IPO is a small IPO and hence is likely to get oversubscribed quickly. More details about the IPO will be posted here in a few days time.
Rohit
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