Manomay Tex India Ltd IPO (Manomay Tex India IPO) Detail

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• Allotment Status
• Basis of Allotment

Incorporated in 2009, Manomay Tex India Ltd (MTIL) is primarily engaged into manufacturing and sale of denim fabrics in domestic and international markets under "Manomay" brand. The denim manufactured by the company ranges from 9 to 14 Oz/Sq Yd with different blends of cotton, polyester etc. with foam and wet finish.

They are also focusing on suiting fabrics of different qualities as per the market demand. MTIL has recently ventured into international markets and at present their customer base is spread over different regions in India as well as in countries like Guatamela and Mexico.

Company Promoters:

The promoters of the company are:

1. Kailashchandra Laddha
2. Kantadevi Laddha
3. Maheshchandra Laddha

Objects of the Issue:

The object of the issue are:

1. Working Capital requirement;
2. General Corporate Purposes.

Issue Detail:

  »»  Issue Open: Mar 15, 2017 - Mar 20, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 3,804,000 Equity Shares of Rs 10 aggregating up to Rs 11.41 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 27 - Rs 30 Per Equity Share
  »»  Market Lot: 4000 Shares
  »»  Minimum Order Quantity: 4000 Shares
  »»  Listing At: BSE SME

Manomay Tex India IPO Reviews:

1. Manomay Tex India Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Manomay Tex India IPO Review / Comments

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