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Open
29 Sep to 5 Oct, 2011
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Close
29 Sep to 5 Oct, 2011
3
Allotment
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Listing
Wed, Oct 19, 2011
Price Band
₹145 to ₹155
Issue Size
67,50,000 shares (agg. up to ₹105 Cr)
Lot Size
40 Shares
Listing Date
Wed, Oct 19, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.03x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shekhawati Poly-Yarn Ltd. | Mainboard | ₹36.03 Cr | ₹30 | null | ₹47.50 | +58.33% | ₹12.82 (-2.04%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of manufacturing facilities at SEZ and DTA units at Pithampur | 18.93 |
| 2 | Setting up of Dripper Project at Kashipur | 8.10 |
| 3 | Working capital requirements | 25.00 |
| 4 | General corporate purposes | 11.24 |
About Flexituff International IPO
Incorporated in 1966 as Saurabh Potteries & Ceramics, Flexituff International Ltd is today in the business of manufacturing Flexible Intermediate Bulk Containers (FIBC), Geo-Textile Fabric and Ground Cover, Reverse Printed Biaxially Oriented Polypropylene (BOPP) Woven Bags, Special Polypropylene (PP) Bags including Leno Bags.Company has three integrated and self-sufficient manufacturing units located in Pithampur (M.P.) and Kashipur (Uttrakhand). Flexituff also has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastic.Flexituff International have a Research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments.Company received 4 Top Exporter Awards from Ministry of Commerce for exporting FIBC and woven products from India in recent years. Check out Presentation for Investors by Flexituff International.+ Read More
Contact Details
Flexituff International Ltd. Address2nd floor, Main Building19, R.N.Mukherjee RoadKolkata, West Bengal, 700001+91 33 40053995investors@flexituff.comVisit Website