Jyothy Laboratories IPO

Issue opens on 22 November 2007

Jyothy Laboratories, the maker of household care and fabric care products including Ujala, has set a price band of Rs 620-690 for its initial public offering (IPO) of 44.3 lakh shares.

Shareholders selling stake in the IPO include South Asia Regional Fund, Canzone, ICICI Bank and CDC Investment Holdings. The issue will be open between 22 November 2007 and 27 November 2007.

The company has, over the years, entered other product categories like mosquito repellents (Maxo), personal care products (Jeeva), detergents (Speed), cleaners (Exo) and air fresheners (Maya).