Fineotex Chemical Limited Announces IPO on 23 February 2011
Summary: Fineotex Chemical Ltd.
, a leading company dealing in specialty chemicals and enzymes for
several industries, is planning to enter the capital markets with its IPO (Initial Public...
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Fineotex Chemical Limited Announces IPO on 23 February 2011
Summary: Fineotex Chemical Ltd.
, a leading company dealing in specialty chemicals and enzymes for
several industries, is planning to enter the capital markets with its IPO (Initial Public Offering) offer of
42,11,160 Equity Shares, with each share being worth INR10.
Content: Fineotex Chemical Ltd.
, a leading company dealing in specialty chemicals and enzymes for
several industries, is planning to enter the capital markets with its IPO (Initial Public Offering) offer of
42,11,160 Equity Shares, with each share being worth INR10.
The issue’s price band ranges from INR60
to INR72.
The issue is open for subscription from 23 February 2011 to 25 February 2011.
The shares are
likely to be listed on Bombay Stock Exchange.
The company’s Managing Director and promoter is Surendra Kumar Tibrewala, with the Executive
Director being Sanjay Tibrewala.
Fineotex Chemical registered a total income of INR13.
48 crore for six
months endi
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