vGuard IPO opes on Feb 18th 2008

Cochin-based V-Guard Industries is entring capital markets with a initial public offering (IPO) of 8 million equity shares of Rs 10 each for cash, at a price to be decided through a 100% book building process.Issue DateThe issue will open on February 18 and will close on February 21.Price BandThe price band has been fixed between Rs 80 to Rs 85 a share.Crisil RatingThe issue has been graded by Crisil with an IPO Grade 3