Suraj Vanaspati


IN THE CAPITAL MARKET Suraj Vanaspati SURAJ VANASPATI, a joint sector company promoted by Suraj Gupta and associates with the JPfadeshiya Industrial and Investment Corporation of UP (PICUP), is offering to the public 27 lakh equity shares of Rs 10 each for cash at par to part finance its vanaspati project under implementation. Out of the public issue of Rs 270 lakh, Rs 27.50 lakh are reserved for preferential allotment to the employees of the company The issue will open on February 19 and will close on March 1, or earlier but not earlier than February 22. For the public issue, Rs 5 is payable on application and Rs 5 on allotment* Over-subscription up to 15 per cent of the issue will be retained.