SME: Kavita Fabrics to list shares on March 12

Gujarat-based Kavita Fabrics is going to list its equity shares on the Bombay Stock Exchange SME platform on Tuesday, March 12, 2013.

March 08, 2013 / 19:51 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Gujarat-based Kavita Fabrics is going to list its equity shares on the Bombay Stock Exchange SME platform on Tuesday, March 12, 2013.

The company raised Rs 5.1 crore through public issue by allotting 12.75 lakh equity shares of Rs 10 each at Rs 40 per share.

The company that manufactures synthetic fabrics from man-made yarns by using weaving technology had launched its issue during February 20-26, 2013.

Kavita Fabrics makes synthetic fabrics in the form of semi-finished sarees and dress materials. The company intends to use issue proceeds for long-term working capital requirement and general corporate expenses.

first published: Mar 8, 2013 07:51 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347