Shekhawati Poly-Yarn Ltd is entering in the capital markets with an initial public offering, IPO of 12,000,000 Equity Shares of Rs. 10 each issued for cash at a premium of Rs 20/- per equity share i.e. at a price of Rs 30/- per equity share aggregating to Rs 3600 Lacs.Shekhawati Poly-Yarn Ltd is a leading manufacturer of Polyester Texturised Yarn & Twisted Yarn. Polyester Texturised Yarn (PTY) mainly used for manufacturing apparels i.e. suiting, shirting, dress materials, saris, hosiery, knitted fabric, zipper fastener, curtain & industrial cloth as also to manufacture fancy yarn for high value dress materials and upholstery.
The issue opens on Dec 27, 2010, and closes for subscription on Dec 29, 2010. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Website:
http://www.shekhawatiyarn.com/
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