
✓
Open
30 Jun to 4 Jul, 2016
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Close
30 Jun to 4 Jul, 2016
3
Allotment
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Listing
Tue, Jul 12, 2016
Price Band
₹12 per share
Issue Size
21,00,000 shares (agg. up to ₹3 Cr)
Lot Size
10,000 Shares
Listing Date
Tue, Jul 12, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.40x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Commercial Syn Bags Ltd. | SME | ₹7.66 Cr | ₹24 | null | ₹28.80 | +20.00% | ₹189.27 (+0.13%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 2.17 |
About Advance Syntex IPO
Incorporated in 1989, Advance Syntex Ltd is engaged in manufacturing of polyester films and yarn. Information in this paragraph is copied from chittorgarh.com.The company maiinly produce Metalized Films (MF), Lacquered (Coated) Metalized Polyester Films (LMPF), glitter powder (Zari Powder) and Metallic Yarn (Polyester Badla).It also produces slitted films, epoxy resins, and metallic fibres, as well as modified resins, which is used as raw material in manufacturing LMPF. Content in this paragraph is copied from chittorgarh.com. Advance Syntex also involved in the sale of polyester films (also known as BOPET films) and Biaxially Oriented Polypropylene Films (also known as BOPP films). Company's products are sold under the brand name of "MIDAS" and they are mainly used in textiles, flexible packaging, lamination, printing, decorations, advertising, paints, inks, craft glue, glass bangles, synthetic leather, floor tiles, walls, cosmetics such as nail polish, eye-liner, hair gel, lipstick etc. Information in this paragraph is copied from chittorgarh.com. Its other products include Slitted Films, Metallic Fibers and Epoxy Resins. It has in-house facility for production of raw materials r
Contact Details
Advance Syntex Ltd. Address233/2 & 238/2 GIDCPOR RamangamdiVadodara, Gujarat, 391243+91- 265-2831850info@midasglitter.comVisit Website