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Published by : ForbesTubeknit Fashions Limited, a leading manufacturer and exporter of hosiery garments for about two decades, is entering the capital markets with an initial public offering, IPO of 5,20,000 equity shares of face value of Rs 10 each, for cash, at a premium to be decided through a 100% book-building process.
The price band for the issue has been fixed between Rs 100 and Rs 120 per equity share. The issue opens on February 21, 2007, and closes for subscription on February 27, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange and the National Stock Exchange.
The Tubeknit IPO is proposed to open on February 21, 2007. The IPO application ends on March 2, 2007.
Retail investors can apply in the retail or non-institutional investor category from February 21, 2007 to March 2, 2007. The Tubeknit IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Tubeknit IPO will open for subscription on February 21, 2007. The public issue will close on March 2, 2007.
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