Shekhawati Poly Yarn IPO

Shekhawati Poly Yarn IPOLeading manufacturer of PTY (Polyester Texturised Yarn) Shekhawati Poly Yarn Ltd announced its initial public offer (IPO) open Dec 27, 2010 and would remain open for subscription till Dec 29, 2010. “SPYL” raise nearly Rs 36 crore through the initial public offering issue The price band of the issue is Rs.30 per share.

PTY mainly utilized for producing apparels i.e. shirting, suiting, zipper fastener, saris, hosiery, dress materials, knitted fabric, curtain and industrial cloth as also to produce fancy yarn for top quality dress materials as well as upholstery. PTY is received following additional processing of POY.

Shekhawati Poly Yarn Ltd has customers in Bhiwandi, Mumbai, Surat, Secunderabad, Ludhiana, Meerut, Panipat, Bhilwara, Delhi, Salem, Erode, Ichalkaranji, Coimbatore, Malegaon and Calcutta markets. Shekhawati’s production units is situated at Silvassa, that is close to Bhiwandi as well as Surat, the important consumption zones of Texturised Yarn.

Face Value; Rs.10
Tick Size;
Minimum Order Qty: 200
Market Lot: 200
Listing; NSE , BSE .

IPO Grade for SPYL

Care allocated IPO grade ‘2/5’ to the IPO of SPYL , this shows that the fundamentals of the issue are BELOW average.

nsestocktips.in view;  avoid by vm.venkatesh

Conduct details

Address: 2, Anantwadi, Vaidya Bhawan, 1st Floor, Bhuleshwar, Mumbai- 400 002.
Phone number; 91-22- 3256 7126  Fax detail;. 91-22-2875 5522
Email address; ho@shekhawatiyarn.com
Website Url; www.shekhawatiyarn.com

Book Running Lead Manager

Hem Securities Ltd are the Book Running Lead Manager for spyl

Tags;
SPYL Allotment, Shekhawati Poly-Yarn Ltd IPO, Shekhawati Poly-Yarn Retail Subscription, “Shekhawati Poly-Yarn Ltd IPO Subscription”, Shekhawati PolyYarn Listing, Shekhawati Poly-Yarn IPOSPYL IPO Allotment Status,Shekhawati Poly-Yarn IPO Bidding, SPYL IPO drhp.

Be Sociable, Share!
Tags:

Stock Market Basics For Beginners

Initial Public Offer

Initial Public Offer Initial Public Offer. The initial sale of share by a firm for the public. The commonest reason for a firm to start an IPO is ...…

Active Stock

Active Stock Share in which there are actually regular and day-to-day dealings, as distinguished from partly effective stocks in which dealings (buy-sell) aren't so frequent. Most 'shares or ...…

Annual Report

Annual Report Annual Report Created by the Company directors to its shareholders at the conclusion of every accounting years, Annual Report that contains Directors  statement outlining overview ...…

What IS a Share?

What IS a Share? [ad name="468x15- 5 link"] share is a unit of account for various financial instruments including mutual funds, stocks, limited partnerships, and REIT's. In simple Words, stock ...…

Who determines the IPO price?

Who determines the IPO price? The regulators don't play a role in fixing the price for IPO issues. The firm determines the value or price band in discussion along with ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics