Fineotex Chemical Limited IPO Price Band - Indian IPO Blog

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

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