Fineotex Chemical Limited
| IPO - ISSUE DETAILS | |
| Issue Opens: | February 23, 2011 |
| Issue Closes: | February 25, 2011 |
| Lot Size: | 90 Shares & in multiples of 90 shares thereafter |
| Price Band: | Rs.60 - Rs.72 |
| Issue size: | Rs 30.3 crore |
Issue Highlights (Source: BRLM/RHP)
- Fineotex Chemical is in the business of manufacturing specialty chemicals and enzymes consumed by the textile and garment industry, leather, water treatment, construction, paper, paint, adhesives, agrochemical and other industries.
- The present issue is being made to raise funds for setting up of a manufacturing facility for production of specialty chemicals, setting up of sales office in Mumbai and meeting working capital requirement, public issue expenses and general corporate purpose.
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