Friday, February 5, 2010

Texmo Pipes & Products IPO Opening on Feb 16 to Feb 19,

Texmo Pipes is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/-.

Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.

The issue opens on February 16, 2010, and closes for subscription on February 19, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).


Texmo Pipes & Products Ltd IPO
Texmo Pipes IPO Allotment Status
Texmo IPO Listing Date