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Wednesday, December 22, 2010

Shekhawati Poly-Yarn is entering capital markets with an IPO of about 1.2 Crore Equity Shares. Shekhawati Poly-Yarn is presently engaged in manufacturing of texturised and twisted yarn

According to the company's website, the Company commenced manufacturing activities under the stewardship of Mr.Mukesh Ruia and Mr.Ramniranjan Ruia. The company has been in the Polyester Industry for more than a decade and since incorporation has been engaged solely into the manufacture of Polyester Texturised Yarn (PTY), which is used in the process of weaving of fabric used for suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery

Shekhawati Poly-Yarn IPO would remain open for subscription between Monday, December 27, 2010 and Wednesday, December 29, 2010. The IPO is a Fixed Price Issue with Issue Price of Rs.30/- per equity share

Stay tuned for more on Shekhawati Poly-Yarn IPO!

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