Textured Jersey Rs. 1.2 b IPO thru’

Friday, 8 July 2011 03:44 -     - {{hitsCtrl.values.hits}}

The Rs. 1.2 billion IPO of Textured Jersey Lanka Ltd, was closed on its opening day yesterday following oversubscription.

The company offered 80 million shares at Rs. 15 each and the IPO was widely recommended as “buy” by majority of the brokers.