Incorporated in 1953, Vijayeswari Textiles Limited is engaged in production and sales of super fine cotton yarns and textile made-ups. The entire production of made-ups is exported to some of the world’s leading retailers such as Macy’s, Kohl’s, Laura Ashley and T.J. Maxx and H. Goods. The Company has also entered the branded arena with ingredient brands, GossamerCottonTM and GenuisaCottonTM
Vijayeswari Textiles has in-house integrated facilities covering spinning, weaving, processing, sewing and design and product development. The existing spinning unit of the Company, situated at Puliampatti, Pollachi Taluk has an installed capacity of 46,004 spindles. The weaving facility at Arakulam, Palladam Taluk, has an installed capacity of 84 looms, out of which 18 looms are owned by the Company.The processing division of the Company has a capacity of 15,000 metres per day and is located at SIPCOT Industrial Growth Centre, Perundurai. The sewing activities located at Kuniamuthur, Coimbatore.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and to raise capital to expand and achieve benefits of economies of scale by setting up additional facilities for Spinning, Weaving, Processing and Made-ups.
»» Issue Open: Feb 8, 2007 - Feb 19, 2007
»» Issue Type: Book Built Issue IPO
»» Issue Size: 9,000,000 Equity Shares of Rs 10 aggregating up to Rs 90.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 100 - Rs 115 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
Book Running Lead Manager to the issue has informed the Exchange that the issue will close on February 19, 2007 instead of the earlier closing day of February 13, 2007. Further price band has been revised from Rs.115/- to Rs.130/- per share to Rs.100/- to Rs.115/- per share.
Vijayeswari Textiles IPO Subscription Status tells if Vijayeswari Textiles IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Vijayeswari Textiles IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Feb 8, 2007 17:00 IST||0.0000||0.0000||0.0005||0.0000|
|Day 2 - Feb 9, 2007 17:00 IST||0.0000||0.0000||0.0030||0.0000|
|Day 3 - Feb 12, 2007 17:00 IST||0.0000||0.0000||0.0518||0.0200|
|Day 4 - Feb 13, 2007 17:00 IST||0.0983||0.0179||0.2613||0.1400|
|Day 5 - Feb 14, 2007 17:00 IST||0.0855||0.0156||0.2279||0.1200|
|Day 6 - Feb 15, 2007 17:00 IST||0.1111||0.0156||0.2279||0.1400|
|Day 7 - Feb 19, 2007 17:00 IST||1.0000||3.3726||0.2581||1.1000|
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