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Open
25 Sep 2006
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Close
29 Sep 2006
3
Allotment
—
4
Listing
[.]
Price Band
₹108 to ₹115
Issue Size
69,23,077 shares (agg. up to ₹80 Cr)
Listing Date
[.]
✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 |
|---|---|---|---|
| Assets | 127.60 | 76.86 | 57.50 |
| Total Income | 369.77 | 290.18 | 219.19 |
| Profit After Tax | 14.93 | 7.05 | 6.47 |
| NET Worth | 33.46 | 21.33 | 12.93 |
| Reserves and Surplus | 17.79 | 17.50 | 9.11 |
| Total Borrowing | 60.37 | 26.43 | 27.80 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a processing unit at Erode in Tamil Nadu | 73.31 |
| 2 | Meet Working Capital requirements | |
| 3 | Meeting issue expense | |
| Total | 73.31 |
About Minar IPO
Minar International Limited, formerly known as M/s Minar Exports, is an India-based company engaged in the business of manufacturing and export of home textiles in overseas market primarily in the United States. The core export of the Company consists of bed linen, napkins and terry towels. It also exports its products to some parts of Europe. Its textile products other than garments are divided into three categories, yarn, fabric, and made-ups, which is a value-added item, and refers to stitched articles of textiles, other than ready-made garments. Its product portfolio consists of a line of bed linen and other home textiles, which include bed sheets, fitted sheets, pillow cases, sheet sets, bed covers, duvets, pillow shams, bedcover/duvet sets, bed skirts, coverlets, bedspreads, quilts, comforters, flannels, mattress pads, cushions and cushion covers. It also offers throws, curtains, drapes, valances, window dressings, upholstery fabrics and covers, table linen, napkins and towels.+ Read More
Contact Details
Minar International Ltd. AddressMinar International Limited,308, Navyug, 167, Tokersi Jivraj Road,Sewree (West)Mumbai, Maharashtra, 400015+91 22 24133714ukn@vsnl.comVisit Website