Thursday, August 20, 2009

Jindal Cotex Limited IPO opening on Aug 27 to Sep 01

Incorporated in 1998, Jindal Cotex Limited is in the business of manufacturing of Acrylic, Polyester, and Polyester-Viscose, Polyester Cotton, combed and carded yarns, which are appropriate for apparels, suitings & knitted fabrics.

The price band for the issue has been fixed at Rs 70/- at lower level and Rs 75/- at upper level for equity share of Rs 10/-. Jindal Cotex is entering in the capital markets with an initial public offering, IPO of 1,24,53,894 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The issue opens on August 27, 2009, and closes for subscription on September 01, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Jindal Cotex Limited IPO Information, Jindal Cotex IPO Allotment Status, Jindal Cotex Ltd IPO reviews and Listing Date. Click on the below link to to find more detail about Jindal Cotex Limited IPO: