Cox and Kings India Limited is planning to come out with the public issue of 1.85 crore equity shares. IPO appears Cox and Kings IPO Listing Date should be available online soon. Of the total offering, the offer for the sale of shares by the existing stake holders (which may include Deutsche Securities which is from Mauritius, Lehman Brothers and Lehman Bros,Merrill Lynch Capital Espana) constitutes around thrity lakh fully paid up shares. The balance fresh issue of about 1.50 crores fully paid up shares would enable the company to raise Rs. 489 crores to Rs. 511 crore at the lower end and the upper of the price band respectively depending on the investor demand for the Cox and Kings India Limited Initial Public Offer. The share price will be decided from the price band which has been fixed already.
