Texmo Pipes & Products Ltd - IPO

Texmo Pipes & Products Ltd IPO Details

Public issue of 50,00,000 equity shares of Rs.10/- each for cash at price of Rs. 90 per equity share aggregating Rs. 45.00 Crores (TheIssue). The issue comprises a reservation of 1,00,000 equity shares of Rs.10/- each aggregating Rs. 0.90 Crores for eligible employees (The Employee Reservation Portion), and net issue of 49,00,000 equty shares of Rs.10/- each aggregating Rs. 44.10 Crores. The issue would constitute 44.37% of the fully diluted post issue paid-up capital of the company.Issue Price: Rs. 90 per equity share of face value of Rs. 10/- eachThe issue price is 9.0 times of the fave value

Objective of issue

Expansion of Product Range. Setting up Manuf. Facil.for Injection Moulding. Meeting Long Term Working Capital requirements. General Corporate Purposes.

Texmo Pipes & Products Ltd Contact Details

Texmo Pipes & Products Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

Phone - 91-40-23312454/23320251

Fax - 91-040-23311968

Email - cs@texmopipe.com

Website - www.texmopipe.com