
✓
Open
25 Mar to 2 Apr, 2008
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Close
25 Mar to 2 Apr, 2008
3
Allotment
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Listing
Tue, Apr 22, 2008
Price Band
₹125 to ₹150
Issue Size
37,50,053 shares (agg. up to ₹56 Cr)
Lot Size
45 Shares
Listing Date
Tue, Apr 22, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.35x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Asahi Songwon Colors Ltd. | Mainboard | ₹33.50 Cr | ₹90 | null | ₹89.95 | -0.06% | ₹266.50 (-5.14%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for setting up Sulphuric Acid & 4,207.00 its sub-products Unit | 42.07 |
| 2 | Capital Expenditure for Dyes and Intermediates Unit | 1.74 |
| 3 | Additional Working capital margin | 6.69 |
| 4 | Issue Expenses | 4.87 |
| Total | 55.37 |
About Kiri Dyes IPO
Incorporated in 1998, Kiri Dyes and Chemicals Limited is engaged in the business of manufacturing of reactive dyes which are called synthetic organic dyes used for cotton fabrics like garments, dress materials, bed-sheets, carpets etc. The dyes are of basically colours like black, blue, red, orange, yellow and numerous variants of these basic colours identified by color index number internationally. The product range of company caters to textiles, leather, paint and printing-ink industries with total production capacity of 10800 MTPA.The Industry produces a wide spectrum of products, which include Pharmaceuticals, Dyes, Man-made Fibers, Plastics, Pesticides, Fertilizers, Cosmetics and Toiletries, Paint, Auxiliary Chemicals and wide range of organic and Inorganic compounds for applications ranging from automobiles, textile industry, engineering industry, construction chemicals and food additives to veterinary and health care products.The company is engaged in the business of manufacturing and marketing of: 1. Reactive Dyes – Synthetic Organic Dyes (S. O. Dyes) 2. Dyes Intermediate: Vinyl Sulphone 3. Dyes Intermediate: H-Acid+ Read More
Contact Details
Kiri Dyes & Chemicals Ltd. Address7th FloorHasubhai ChambersEllis BridgeAhmedabad, Gujarat, 380006+ 91-792-6574371ipo@kiridyes.comVisit Website