Sunday, February 10, 2013

Kavita Fabrics IPO will open on Feb 20th

Kavita Fabrics Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 1,275,000 Equity Shares of Rs 10/- each. The price for the issue has been fixed at Rs 40/- per share.

Kavita Fabrics Ltd is in the business of manufacturing synthetic fabrics from man-made yarns by using weaving technology. Based in Surat (Gujarat), Company manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. They makes in various designs as per customer requirements and further processed by their customers before selling to the end-users.

The issue opens on Feb 20, 2013 and closes for subscription on Feb 22, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.

Visit Kavita Fabrics IPO page for more detail.