Fineotex Chemical Ltd IPO


Subscription Details

  • Open Date 23 Feb
  • Close Date 25 Feb
  • Lot Size 90
  • IPO Size ₹ 29.48 Cr
  • IPO Price Range ₹ 70
  • Min Investment ₹ 6300

Fineotex Chemical Ltd IPO Timeline

Open Date
23 Feb
Close Date
25 Feb
Basis of Allotment
Credit to Demat Account
Listing Date

IPO Synopsis

Public issue of 42,11,160 equity shares of Rs. 10 each of Fineotex Chemical Limited (FCL or The Company or The Issuer) for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 60 per equity share) aggregating to Rs. 29.48 crores (The Issue). The issue will constitute 37.50% of the post issue paid up capital of the company. Issue price: Rs. 70/- per equity share of face value of Rs. 10 each. Issue price is 7.0 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Fineotex Chemical Ltd IPO

Contact Information


42 & 43 Manorama Chambers,
S V Road Bandra (West),
Mumbai, Maharashtra 400050

Fineotex Chemical Ltd IPO Lead Manager

Indbank Merchant Banking Services Ltd
Open Demat Account