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Pradip Overseas Limited: IPO

pradip_overseas_20100307 Pradip Overseas Limited is the textile manufacturer with niche focus on Home Linen Products. Company sale its products in domestic market as well as more than twenty countries around the world.

Company manufacturer and export home textile, home decor and home furnishings. Company’s home furnishing range includes table linen, bed spreads, quilts, cushion covers and curtains.

Pradip Overseas is an ISO 9001:2000 certified company. Its existing facility is located at Changodar near Ahmedabad in Gujarat.

Company Promoters:
1. Mr. Pradipkumar Karia
2. Mr. Chetan Karia
3. Mr. Vishal Karia

Objects of the Issue:
The object of the issue are:

1. To part finance the setting up the Proposed Manufacturing Facility within the Proposed Textile SEZ;
2. To part finance the incremental margin money requirement for working capital;
3. To meet Issue expenses.

Issue Detail:

  »»  Issue Open: Mar 11, 2010 - Mar 15, 2010
  »»  Issue Type: 100% Book Built Issue IPO
  »»  Issue Size: 10,600,000 Equity Shares of Rs. 10
  »»  Issue Size: Rs. [.] Crore
  »»  Face Value: Rs. 10 Per Equity Share
  »»  Issue Price: Rs. - Rs. Per Equity Share
  »»  Market Lot:
  »»  Minimum Order Quantity:
  »»  Listing At: BSE, NSE

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