Fineotex Chemical Limited(FCL) Company's Profile, Ipo Details, Listing, Important Dates, Issue Size, Issue Price, Issue Type, Face Value

Fineotex Chemical Limited(FCL) Company's Profile, Ipo Details, Listing, Important Dates, Issue Size, Issue Price, Issue Type, Face Value, Objects of the Issue

About Fineotex Chemical Limited(FCL)

FINEOTEX group is one of the leading manufacturers of chemicals for textiles, construction, water-treatment, fertiliser, leather and paint industry. We also produce adhesives used in several industries like wood, paper etc.

Fineotex Group founded in 1979 by Mr.Surendra Tibrewala is an ISO 9001: 2000 certified professionally managed company, with a proven track record of several years. Our product profile covers a wide range of textile auxiliaries & speciality chemicals for construction, water treatment, leather and paper industry. We have further diversified into fields of synthetic adhesives for Wood and paper.

We have an impressive growth record both in the domestic as well as international market.

Our machinery setup comprises of S.S reactors, filteration units, steam boilers, hot oil heating systems, cooling towers vacuum pumps, mixers, hi-speed and low speed homogenisers, pilot vessels to take R & D batches.

Objects of the Issue:

• Setting up of Manufacturing facility for production of specialty chemicals.
• Setting up of Sales Office in Mumbai.
• Margin Money for Working Capital.
• Meeting Public Issue Expenses.
• General Corporate Purpose.

Important Dates:-

Issue Open:-Feb 23, 2011

Issue Close:-Feb 25, 2011

Issue Detail:

Issue Type: 100% Book Built Issue IPO

Issue Size: 4,211,160 Equity Shares of Rs. 10

Issue Size: Rs. 25.27 - 30.32 Crore

Face Value: Rs. 10 Per Equity Share

Issue Price: Rs. 60 - Rs. 72 Per Equity Share

Listing At: BSE

Address:-

Registered Office

42 & 43, Manorama Chambers,

S. V. Road,

Bandra (West), Mumbai–400050

Phone: +91-22-26559174 / 75

Fax: +91- 22-26559178

Email: ipo@fi neotex.com

CLICK HERE TO VISIT THE OFFICIAL WEBSITE