Issue Price
₹72
Per Share
GMP
NIL
Grey Market
Est. Listing
₹72
Expected Price
Min. Application
₹12,960
2 lots × 90 shares
Incorporated in 2004, Fineotex Chemical Limited is an ISO 9001:2000 certified Company engaged in business of Specialty Chemicals and Enzymes for various industries.Fineotex Chemical produces and provides Specialty Chemicals and Enzymes to Textile & Garment Industry, Construction Industry, Leather Industry, Water Treatment Industry, Agrochemicals, Adhesives and others. FCL manufactures over 100 products for various Industries. Company's manufacturing facilities situated at Mahape in Navi Mumbai.FCL major customers include Clariant Chemicals India Limited, Pidilite Industries Limited, Croda Chemicals India (P) Limited (formerly ICI India Limited), Rashtriya Chemicals & Fertilizers Limited, The Bombay Dyeing & Mfg. Co. Limited., Raymond Group, Grasim Industries Limited and others. FCL has global presence in countries like Bangladesh, Indonesia, Bulgaria, Pakistan, Colombia, Singapore, etc. Also,FCL products are sold in Indian cities like Mumbai, Balotra, Bhilwara, Delhi, Ludhiana, Tirupur, Karur, Erode, etc.
Fineotex Chemical Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 4,211,160 | 100.00% | ₹30.32 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 90 | ₹6,480 |
| Retail (Max) | 2 | 180 | ₹12,960 |
| sNII (Min) | 31 | 2,790 | ₹200,880 |
| bNII (Min) | 155 | 13,950 | ₹1,004,400 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| 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 |