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IPO

IPO Details


Fineotex Chemical Ltd
Registered Office: 42 & 43 Manorama Chambers, S V Road Bandra (West), Mumbai - 400050, Maharashtra
Phone: 91-22-26559174/75
Email: info@fineotex.com
Website: www.fineotex.com
Public issue of 42,11,160 equity shares of Rs. 10 each of Fineotex Chemical Limited ("FCL" or The "Company" or The "Issuer") for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 60 per equity share) aggregating to Rs. 29.48 crores (The "Issue"). The issue will constitute 37.50% of the post issue paid up capital of the company. Issue price: Rs. 70/- per equity share of face value of Rs. 10 each. Issue price is 7.0 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Feb-2011 25-Feb-2011 ₹ 70.00 ₹ 0.00
Minimum Application for shares in Nos : 90.0 Further Multiples of : 90.0
(₹)Cr. Lead Managers to the Issue
Project Cost 29.48 Indbank Merchant Banking Services Ltd
Project Financed through Current Offer 29.48
Post Issue Equity Share Capital 11.23
Issue Price ₹70.00
Projects
Setting up manuf. facility for Specialty Chemicals
Setting up of Sales Office in Mumbai
Working Capital requirements
General Corporate Purpose
Promoted By
Surendra Kumar Tibrewala
Sanjay Tibrewala
Kanaklata Tibrewala
Listing At
BSE
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,417.99 -14.90 (-0.02%)

Nifty

25,451.20 -9.80 (-0.04%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)