Fineotex Chemical Ltd - Prospectus Synopsis

Fineotex Chemical Ltd RHP

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 :    Website :

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 Rs 70 - 0 Rs 0 - 0
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 Rs. 70  
Setting up manuf. facility for Specialty Chemicals
Promoted By Listing At Registrar to the Issue
Kanaklata Tibrewala
Sanjay Tibrewala
Surendra Kumar Tibrewala
Mumbai Bigshare Services Pvt Ltd

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