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Open
30 Jun to 9 Jul, 2008
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Close
30 Jun to 9 Jul, 2008
3
Allotment
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Listing
Wed, Jul 30, 2008
Price Band
₹12 to ₹14
Issue Size
10,29,82,730 shares (agg. up to ₹144 Cr)
Lot Size
350 Shares
Listing Date
Wed, Jul 30, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.04x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| K.P.R.Mill Ltd. | Mainboard | ₹133.02 Cr | ₹225 | null | ₹174.20 | -22.58% | ₹1,140.30 (+1.33%) |
| SEL Manufacturing Co.Ltd. | Mainboard | ₹37.25 Cr | ₹90 | null | ₹144.75 | +60.83% | ₹28.69 (-2.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of integrated textile project at Khamgoan and Malkapur | 289.19 |
| 2 | Setting up of up a garment manufacturing plant | 25.21 |
| 3 | Establishing Retail outlets | 5.80 |
About Birla Cotsyn IPO
Incorporated in 1941, Birla Cotsyn (India) Limited promoted by Yash Birla group is engaged in cotton Ginning, Pressing & Oil expelling. After the acquisition of Assets of Khamgaon Syntex (I) Ltd at MIDC, company is also into manufacture of Synthetic yarn.The Company produces high quality Synthetic, blended Ring Spun Yarns for usage in Woven and Knitted Fabrics, Textiles, Blankets, Towels, Upholstery, Furnishings, Curtains, Bed sheets, Made-up and Industrial Fabrics. Birla has excellent sales network in India and abroad for Grey and Dyed Solid Griddles, Fancy, Industrial Knitting and Sewing Ring Spun Yarns in various blends and count range from NE 8s to 60s.Birla has got wide network through out India in major textile centers namely Hilary, Indore, Mumbai, Surat, Ahemedabad, Solapur, Kanpur Meerut, Delhi, Amritsar, Ludhiana,.Paniput, Ichalkaranji, Bhagalpur, Calcutta etc. Company exports its products to Yeman and Turkey. In Surat , Bhagalpur and Calcutta Birla is the leading Supplier of 100% Viscose fancy yarn.like Neps, Slubs, and Slub Neps. In Kanpur and Meerat company is selling P/V dyed fancy yarn like Vardhan Khadi and silky base. In Bhilwara and Indore Birla is selling mainly
Contact Details
Birla Cotsyn (India) Ltd. Address1st Floor, Dalamal HouseNariman PointMumbai, Maharashtra, 400021+ 91-22-66168400ipo@birlacotsyn.comVisit Website