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Open
23 Feb 2011
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Close
25 Feb 2011
3
Allotment
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Listing
Fri, Mar 11, 2011
Price Band
₹60 to ₹72
Issue Size
42,11,211 shares (agg. up to ₹29 Cr)
Lot Size
90 Shares
Listing Date
Fri, Mar 11, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.49x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Omkar Speciality Chemicals Ltd. | Mainboard | ₹79.38 Cr | ₹98 | null | ₹46.45 | -52.60% | ₹3.41 (-4.76%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Land and Land Development | 1.24 |
| 2 | Building (Civil Works) | 1.89 |
| 3 | Plant & Machinery | 3.38 |
| 4 | Miscellaneous Fixed Assets | 0.12 |
| 5 | Preliminary & Preoperative Expenses | 0.05 |
| 6 | Provision for contingencies | 0.68 |
| 7 | Sales Office | 1.50 |
| 8 | Furniture & Fixtures | 0.38 |
| 9 | Working Capital Requirements | 8.00 |
| 10 | Public Issue Expenses | 2.47 |
| 11 | General Corporate Purposes | 9.77 |
About Fineotex Chemical IPO
Incorporated in 2004, 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. FCL manufactures over 100 products for various Industries. Company's manufacturing facilities situated at Mahape in Navi Mumbai.FCL major customers include Clariant Chemicals India Limited, Pidilite Industries Limited, Croda Chemicals India (P) Limited (formerly ICI India Limited), Rashtriya Chemicals & Fertilizers Limited, The Bombay Dyeing & Mfg. Co. Limited., Raymond Group, Grasim Industries Limited and others. FCL has global presence in countries like Bangladesh, Indonesia, Bulgaria, Pakistan, Colombia, Singapore, etc. Also,FCL products are sold in Indian cities like Mumbai, Balotra, Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc.+ Read More
Contact Details
Fineotex Chemical Ltd. Address42 & 43, Manorama ChambersS.V.RoadBandra (West)Mumbai, Maharashtra, 400050+91-22-26559174 / 75ipo@fi neotex.comVisit Website