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    HomeNewsBusinessIPOFineotex Chemical IPO opens for subscription

    Fineotex Chemical IPO opens for subscription

    Fineotex Chemical's (FCL) initial public offering of 42,11,160 equity shares for cash at a premium by 100% book building route has opened for subscription today.

    February 23, 2011 / 10:29 IST

    Fineotex Chemical's (FCL) initial public offering of 42,11,160 equity shares for cash at a premium by 100% book building route has opened for subscription today. The price band is set at Rs 60-72 per equity share of face value of Rs 10 each.

    Fineotex Chemical is in the business of manufacturing specialty chemicals and enzymes consumed by the textile and garment industry, leather, water treatment, construction, paper, paint, adhesives, agrochemical and other industries. The issue will close on February 25, 2011.

    FCL

    first published: Feb 23, 2011 10:28 am

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