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.
Company Promoters:
The individual promoters of the Company are:
1. Mr. Sanjay Agrawal, aged 45 years, is the Chairman and Managing Director of the Company.
2. Ms. Rashmidevi Agrawal, aged 42 years is the wife of Mr. Sanjay Agrawal.
Objects of the Issue:
The objects of the Issue are to:
1. Expansion of product range;
2. Setting up manufacturing facilities for injection mouldings/fittings and woven sacks;
3. Meeting long term working capital requirements;
4. General corporate purposes; and
5. Issue expenses.
Issue Detail:
»» Issue Open: Feb 16, 2010 - Feb 19, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 5,000,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 42.50 - 45.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 85 - Rs. 90 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
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