Issue Price
₹90
Per Share
GMP
NIL
Grey Market
Est. Listing
₹90
Expected Price
Min. Application
₹13,500
2 lots × 75 shares
Incorporated in 2008, Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.The pipes manufactured by Texmo suits the requirements of application in irrigation, agriculture, potable water supply schemes, sewerage and drainage systems, construction industry, telecom industry, and bore / tube well for underground water suction. Texmo Pipes has marketing presence in the states of Madhya Pradesh, Maharashtra, Uttar Pradesh, Gujarat, Andhra Pradesh and Rajasthan.
Texmo Pipes & Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 5,000,000 | 100.00% | ₹45.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹6,750 |
| Retail (Max) | 2 | 150 | ₹13,500 |
| sNII (Min) | 30 | 2,250 | ₹202,500 |
| bNII (Min) | 149 | 11,175 | ₹1,005,750 |
| Particulars | 30-Oct-09 | 31-Mar-09 | 31-Mar-08 |
|---|---|---|---|
| Revenue from Operations | 4309.53 | 4702.76 | 5908.09 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 336.38 | 432.92 | 426.38 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |