| Fineotex Chemical Ltd |
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| Registered Office: 42 & 43 Manorama Chambers,S V Road Bandra (West),Mumbai-400050, Maharashtra |
| Tel. No: 91-22-26559174/75 |
| Fax No: 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-2011 | 25-Feb-2011 | ₹70.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 90 | Further Multiples of :90 |
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| (₹ 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 |
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| Setting up manuf. facility for Specialty Chemicals |
| Setting up of Sales Office in Mumbai |
| Working Capital requirements |
| General Corporate Purpose |
| Promoted By |
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| Surendra Kumar Tibrewala |
| Sanjay Tibrewala |
| Kanaklata Tibrewala |
| Listing At |
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| BSE |
| Registrar To The Issue |
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