Incorporated in 1966 as Saurabh Potteries & Ceramics, Flexituff International Ltd is today in the business of manufacturing Flexible Intermediate Bulk Containers (FIBC), Geo-Textile Fabric and Ground Cover, Reverse Printed Biaxially Oriented Polypropylene (BOPP) Woven Bags, Special Polypropylene (PP) Bags including Leno Bags.
Company has three integrated and self-sufficient manufacturing units located in Pithampur (M.P.) and Kashipur (Uttrakhand). Flexituff also has a recycling and reprocessing plant at Kandla which is used for recovering polypropylene and making various compounds of plastic.
Flexituff International have a Research and Development centre at Kashipur which is engaged in the research and development of various compounds for plastic products including engineering plastic, bio-degradable plastic and other new product developments.
Company received 4 Top Exporter Awards from Ministry of Commerce for exporting FIBC and woven products from India in recent years. Check out Presentation for Investors by Flexituff International.
Company Promoters:The promoters of the company are:1. Kalani Industries Pvt Ltd (KIPL)2. Miscellani Global Pvt Ltd (MGPL)3. Sanovi Trading Pvt Ltd (STPL)
Objects of the Issue:1. Expansion of manufacturing facilities at SEZ and DTA units at Pithampur;2. Setting up of Dripper Project at Kashipur;3. Working capital requirements;4. General corporate purposes;5. To meet Issue expenses.
»» Issue Open: Sep 29, 2011 - Oct 5, 2011
Flexituff International IPO Grading
CARE has assigned an IPO Grade 3 to Flexituff International IPO. This means as per CARE, company has ' Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Flexituff International IPO Report
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Flexituff IPO Messages (Flexituff IPO Comments)
wishing all the members a very happy, prosperous and a blissful Diwali.......
HELLO SKDASH,I WAS SAYING THAT I HADNT SOLD TAKSHEEL YET BECOZ I AM A FRESHER SO AS A FRESHER I USED PG ELECTROPLAST LOGIC I THINKED IT WILL INCREASE AND I WAS STILL WAITING BUT THIS STOCK HAD MAKED ME A LOSS AND THERE IS A NEWS NOT FIXED BUT I HEARED THAT RELIANCE INDUSTRIES I GOING TO BE INCREASE VERY HIGH.NOT SURE
100.1. Jackpoat Oct 22, 2011 11:23:34 AM IST | Jackpoat's messages
Hi , If you want 80-100% return then you may suffer 80%-90% loss and in one profit and one loss and final result ZERO.Try to book profit 10-20% in each and every IPO or exit at buy price or minimum loss.
I had mentioned at the very beginning itself, This IPO is best from all the recent IPO. I have sold half qty during the IPO and holding on with the rest for long term appreciation.
ronak khandelwal, You exit from flexi in next trading day with profit.ok.dont worry about it
HELLO SKDASH HOPE U HAD EARNED HUGE PROFIT IN BOTH THIS IPO BUT I HAD MADE HUGE LOSS IN TAKSHEEL STILL I HADNT SOLD AND FLEXI ALSO I HADNT SOLD PLEASE PLEASE RECOMMEND ME WHAT TO DO FOR BALANCE I AM NOT EARNER I AM A STUDENT SO PLEASE SIR OR MADAM RECOMMEND ME I FEEL AS CRYING.PLEASE HELP ME OUT FOR THIS SHARES AND TIJARIA ALSO PLEASE OR ANY OTHER SHARE.ACTUALLY I M THINKING TO QUIT BECOZ IN THIS MY DESTINY DOESNT WORK
Mr gundu anna, I adviced whole retail invester to dont apply overpriced IPO.If min 3000 retail investor dont support an IPO then must be it is cancelled.On listing they maintain distance from it.
This is a good lesson for those who apply for junk IPO's. As I told u will make money in one and then loose in another. So end result is at the year end bank balance is less.
Thats why i said to be cautios with both flexi & taksheel, if people wud have sold taksheel around 170 than they would have got less profits but no loss. Even with flexi it was better to sell with some profits, thats the best to exit IPOs like this on the first day itself.
After due consideration & lot of research i had applied for flexituff avoiding takshel til the end. I was thinking to apply 40% in taksheel & 60% in flexituff. Finally invested completely in flexituff & alloted 997 shares which i sold at Rs.160. Satisfied with less profit but no loss. We invest so much time researching IPOs but finally get very less profit & some people invest in junk IPOs like onelife, prakash, PG electro & get bumper profits.
Mr santonu ,I ll make profit from taksheel 660 and exit cost-to-cost from flexi .Due to Operator-promotor relationship really retail investor get lost their money.I have no position in next IPO Because of w/d application of m&b and indothai.
Mr Jackpoat , i gained around 1500 in flextuff and lost around 1100 in taksheel, tension finished, try to forget this day. I think ahain will be beaten heavily by indo thai and swajaj-no hopes in these ipos
Correction on prev comment-Exited at 3.29pm at Rs 155.5 .It may longterm good stock like tree house,lovable,jubilant,gravita etc
Exited at 3.39pm at Rs 155.5 .It may longterm good stock like tree house,lovable,jubilant,gravita etc
Some operators gained at the cost of some other operators. Taksheel gone by > 100 rs. flexi is flat.
of so many issues...only flexi has some worthwile business....
can any1 tell me where is this one heading?
entered @ 154, SL 140