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Open
12 May 2005
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Close
20 May 2005
3
Allotment
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Listing
Mon, Jun 13, 2005
Price Band
₹20 per share
Issue Size
60,00,000 shares (agg. up to ₹12 Cr)
Listing Date
Mon, Jun 13, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 31.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|
| Total Income | 45.11 | 9.17 | 7.05 |
| Profit After Tax | 0.95 | 0.91 | 2.42 |
| NET Worth | 15.83 | 13.76 | 10.75 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | New plant being set up for manufacture of Grey fabrics and Denim fabrics | 11.00 |
| 2 | Expenses of the Issue | 0.98 |
| 3 | Listing the equity shares of the Company on the Stock Exchange | 0.02 |
| Total | 12.00 |
About Nandan Exim IPO
Nandan Exim Limited is a textile company promoted by the Chiripal Group. The company is primarily engaged in the manufacturing, trading, and export of textile products, especially cotton fabrics and denim. Over time, the company developed integrated manufacturing capabilities, including spinning, weaving, and processing units. It produced a wide range of products such as grey cotton fabrics, khakis, and denim, catering to garment manufacturers, exporters, and global clients across regions like Europe, the USA, and Southeast Asia. The company focused on quality production and export-oriented growth, positioning itself as a strong player in the textile industry. As part of its expansion and transformation strategy, Nandan Exim diversified beyond export activities into large-scale denim manufacturing and garments.+ Read More
Contact Details
Nandan Exim Ltd. AddressSurvey No.198/1203/2Saijpur-Gopalpur, Pirana Road, PiplejAhmedabad, Gujarat, 38240591-079-25710231keyur@chiripalgroup.comVisit Website