What to Watch: Schablona - Open offer kicks off

Updated - March 12, 2018 at 09:35 PM.

 

Shares of BSE-listed Schablona India will remain in focus, as the open offer from Shreekant Somany, Abhishek Somany and Shrivatsa Somany opens for subscription on Tuesday.

Schablona India, a Somany Enterprise firm, has a hi-tech manufacturing base, set up with German collaboration near Delhi in the National Capital Region.

The acquirers plan to buy 8.21 lakh shares (or 26 per cent stake) of face value ₹4 of Schablona. The floor price has been fixed at ₹23.12.

Published on March 12, 2018 16:05