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Open
27 Aug to 1 Sep, 2009
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Close
27 Aug to 1 Sep, 2009
3
Allotment
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Listing
Tue, Sep 22, 2009
Price Band
₹70 to ₹75
Issue Size
1,24,57,034 shares (agg. up to ₹93 Cr)
Lot Size
90 Shares
Listing Date
Tue, Sep 22, 2009
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.68x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up a new facility for manufacturing of Cotton Yarn, Yarn Dyeing and Garments | 134.79 |
| 2 | Investment in wholly owned subsidiary, Jindal Medicot Limited | 30.01 |
| 3 | Investment in wholly owned subsidiary, Jindal Specialty Textiles Limited | 51.01 |
| 4 | Public Issue Expenses | 7.91 |
About Jindal Cotex IPO
Incorporated in 1998, Jindal Cotex Limited is in the business of manufacturing of Acrylic, Polyester, and Polyester-Viscose, Polyester Cotton, combed and carded yarns, which are appropriate for apparels, suitings & knitted fabrics.Jindal Cotex has installed capacity of 23,472 spindles for acrylic, cotton blended and polyester yarns. Company manufacture and sell yarns under the trade name 'JINDAL'.Jindal Cotex has also installed and commissioned a Suzlon make Wind Electric Generator (Wind Mill) of 1250 KW capacity at Pithla-Satta-Gorera in Distt. Jaisalmer, Rajasthan. The entire power generated through this wind mill will be sold to Ajmer Vidyut Vitran Nigam Limited.+ Read More
Contact Details
Jindal Cotex Ltd. AddressJindal Cotex LimitedV.P.O.JugianaGTRoadLudhiana, Punjab, 14142091-161-2511840 / 41 / 42ipo@jindalcotex.comVisit Website