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Open
27 Dec 2010
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Close
29 Dec 2010
3
Allotment
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Listing
Wed, Jan 12, 2011
Price Band
₹30 per share
Issue Size
1,20,08,886 shares (agg. up to ₹36 Cr)
Lot Size
200 Shares
Listing Date
Wed, Jan 12, 2011
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.80x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Pradip Overseas Ltd. | Mainboard | ₹116.60 Cr | ₹110 | null | ₹107.05 | -2.68% | (+0.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To acquire Factory Building | |
| 2 | To acquire Corporate Office Building | |
| 3 | To repay loans aggregating to Rs.337.53 Lacs obtained for acquiring factory building, corporate office and payment towards issue expenses | |
| 4 | To meet IPO expenses of Rs. 274.27 Lacs | |
| 5 | To meet working capital margin money requirements | |
| 6 | To get the Equity Shares of the Company listed on BSE and NSE |
About Shekhawati Poly-Yarn IPO
Incorporated in 1990, Shekhawati Poly-Yarn Ltd is a leading manufacturer of Polyester Texturised Yarn & Twisted Yarn.Polyester Texturised Yarn (PTY) mainly used for manufacturing apparels i.e. suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery. Polyester Texturised Yarn is obtained after further processing of POY.Presently, Shekhawati has 20 Texturising Machines with an installed capacity of 13,200 MTPA to produce PTY. It also has installed 5 TFO machines to produce Twisted Yarn with installed capacity of 600 MTPA. Company has implemented an integrated facility at Silvassa for manufacturing PTY with a total project cost of Rs. 40.15 Crores. Under this Company has established Yarn Texturising Facility of 14200 MTPA with 20 Texturising Machines.SPYL has client base in Mumbai, Bhiwandi, Surat, Ludhiana, Secunderabad, Meerut, Panipat, Delhi, Bhilwara, Erode, Salem, Coimbatore, Ichalkaranji, Malegaon and Calcutta markets. Shekhawati's manufacturing units is located at Silvassa, which is near to Bhiwandi and Surat, the major consumption centres of T
Contact Details
Shekhawati Poly-Yarn Ltd. Address2, Anantwadi, Vaidya Bhawan1st Floor, BhuleshwarMumbai, Maharashtra, 40000291-22- 3256 7126ho@shekhawatiyarn.comVisit Website