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graph-market IPO

Fineotex Chemical Ltd

Registered Office: 42 & 43 Manorama Chambers,S V Road Bandra (West), Mumbai - 400050, Maharashtra, India.
Phone : 91-22-26559174/75   Fax:91-22-26559178
Email :  info@fineotex.com  
Website :  www.fineotex.com

Public issue of 42,11,160 equity shares of Rs. 10 each of Fineotex Chemical Limited ("FCL" or The "Company" or The "Issuer") for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 60 per equity share) aggregating to Rs. 29.48 crores (The "Issue"). The issue will constitute 37.50% of the post issue paid up capital of the company. Issue price: Rs. 70/- per equity share of face value of Rs. 10 each. Issue price is 7.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Feb-11 25-Feb-11 70.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 90   Further Multiples of : 90
  Rs Cr Lead Managers to the Issue
Project Cost 29.48 Indbank Merchant Banking Services Ltd
Project Financed through Current Offer 29.48  
Post Issue Equity Share Capital 11.23  
Issue Price 70.00  

Projects

  • Setting up manuf. facility for Specialty Chemicals
  • Setting up of Sales Office in Mumbai
  • Working Capital requirements
  • General Corporate Purpose

Promoted By

Surendra Kumar Tibrewala

Sanjay Tibrewala

Kanaklata Tibrewala

Listing At

BSE

Registrar to the Issue

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