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HomeNewsBusinessIPOFineotex Chemical IPO opens on Feb 23

Fineotex Chemical IPO opens on Feb 23

Fineotex Chemical (FCL) is entering the capital market with a public issue of 42,11,160 equity shares for cash at a premium by 100% book building route. The price band is set at Rs 60-72 per equity share of face value of Rs 10 each.

February 16, 2011 / 11:46 IST

Fineotex Chemical (FCL) is entering the capital market with a public issue of 42,11,160 equity shares for cash at a premium by 100% book building route. The price band is set at Rs 60-72 per equity share of face value of Rs 10 each.

The issue will open for subscription on February 23, 2011 and close on February 25, 2011.

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. 

FCL

first published: Feb 14, 2011 12:48 pm

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