Fineotex Chemical Limited IPO Price Band - Indian IPO Blog

Indian IPO Blog

Insights into investing world in India

Tuesday, February 15, 2011

Fineotex Chemical Limited IPO Price Band

Fineotex Chemical Limited IPO Price Band is set at Rs.60/- to Rs.72/- per equity share. The IPO would consist of 4,211,160 Equity Shares of Rs.10/- each

The objects of the Issue are for meeting public issue expenses, general corporate purposes and for:

1. Setting up of Manufacturing facility for production of specialty chemicals;
2. Setting up of Sales Office in Mumbai;
3. Margin Money for Working Capital

Fineotex Chemical Limited is an ISO 9001:2000 certified Company engaged in business of Specialty Chemicals and Enzymes for various industries. Fineotex Chemical produces and provides Specialty Chemicals and Enzymes to Textile & Garment Industry, Construction Industry, Leather Industry, Water Treatment Industry, Agrochemicals, Adhesives and others

Check back Indian IPO Blog for latest updates on Fineotex Chemical Limited IPO!

No comments:

Post a Comment

Neogen Chemicals IPO subscription status on Day 2

QIB: 0.95x HNI: 1.12x Retail: 3.14x Overall: 2.08 times