Fineotex Chemical Ltd IPO

Closed

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

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 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

Address

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

Fineotex Chemical Ltd IPO Lead Manager

Indbank Merchant Banking Services Ltd