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Open
16 Feb 2010
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Close
19 Feb 2010
3
Allotment
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Listing
Wed, Mar 10, 2010
Price Band
₹85 to ₹90
Issue Size
50,00,000 shares (agg. up to ₹45 Cr)
Lot Size
75 Shares
Listing Date
Wed, Mar 10, 2010
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.04x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of product range; | 11.33 |
| 2 | Setting up manufacturing facilities for injection mouldings/fittings and woven sacks | 22.06 |
| 3 | Meeting long term working capital requirements; | 10.00 |
| 4 | General corporate purposes; and | 0.49 |
| 5 | Issue expenses | 5.88 |
About Texmo Pipes IPO
Incorporated in 2008, 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 pipes manufactured by Texmo suits the requirements of application in irrigation, agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, and bore / tube well for underground water suction. Texmo Pipes has marketing presence in the states of Madhya Pradesh, Maharashtra, Uttar Pradesh, Gujarat, Andhra Pradesh and Rajasthan.+ Read More
Contact Details
Texmo Pipes & Products Ltd. AddressTexmo Pipes & Products Ltd98, Bahadarpur RoadBurhanpur, Madhya Pradesh, 450331+91-7325-255122rjaincs@texmopipe.comVisit Website