Sudar Garments IPO on Feb 21, Finolex coming on Feb 23

February 15, 2011   ·   0 Comments

Sudar Garments is entering the capital market with a public issue of 9,088,000 Equity Shares of Rs. 10  for cash at a premium by 100% book building route. The price band is yet to be decided for the equity share of face value of Rs 10 each.

www.stockssavvy.comSundar Garments has its own manufacturing setup at Khalapur Taluka, Raigad District, Maharashtra with a built-up area of about, 29,626.30 Sq. Mtr. having a combined capacity of producing 1,66,667 pieces of shirts, dress, pants, tops, skirts, and denims per month. The company is presently manufacture under its own brand name “Glory to Glory” and will be launching shortly two more brands namely ‘St. Paul’ and ‘Majesty’

Fineotex Chemical (FCL) is entering the capital market with a public issue of 42,11,160 equity shares for cash at a premium by 100% book building route. The price band is set at Rs 60-72 per equity share of face value of Rs 10 each. The issue will open for subscription on February 23, 2011 and close on February 25, 2011.

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. 

FCL’s existing plant, with an installed capacity of 5,000 MT/annum, is located at Mahape in Navi Mumbai. The company proposes to set up a new manufacturing facility, at Khopoli in Maharashtra, for the production of specialty chemicals and enzymes with a capacity of 13,125 MT/annum.

 This is the Nice time for small IPO’s to get it as there is no Competition with Other Big IPO’s & can they Smoothly sail up their Small Issues Succesfully. Stay Tuned to Stockssavvy for their Detailed Market Reviews & Analysis.

Rajesh Singla

Rajesh is the founder & CEO of Stockssavvy, Stocks analyst,financial advisor by choice,software engineer by fate,biker,gamer,cricket lover n enthusiastic person. He believes in doing things not just to get by but to get Ahead...

More Posts - Website

Follow Me:
TwitterFacebookLinkedIn

By

Recommend on Google