Public Issue Price: Rs 70/- to Rs 75/-
Minimum Order Quantity: 90 Shares
Public Issue Open: August 27,2009 to September 01, 2009
Incorporated in 1998, Jindal Cotex Limited is in the business of manufacturing of Acrylic, Polyester, and Polyester-Viscose, Polyester Cotton, combed and carded yarns, which are appropriate for apparels, suitings & knitted fabrics.
Jindal Cotex has installed capacity of 23,472 spindles for acrylic, cotton blended and polyester yarns. Company manufacture and sell yarns under the trade name 'JINDAL'.
Jindal Cotex has also installed and commissioned a Suzlon make Wind Electric Generator (Wind Mill) of 1250 KW capacity at Pithla-Satta-Gorera in Distt. Jaisalmer, Rajasthan. The entire power generated through this wind mill will be sold to Ajmer Vidyut Vitran Nigam Limited.
Objects of the Issue:
- The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
- Setting up a new facility for manufacturing of Cotton Yarn, Yarn Dyeing and Garments;
- Investment in Subsidiaries - Jindal Medicot Limited and Jindal Specialty Limited.
| Jindal Cotex Ltd's financial information |
| Particulars | For the year/period ended (Rs. in Lacs) | |||||
| 30-Jun-08 | 31-Mar-08 | 31-Mar-07 | 31-Mar-06 | 31-Mar-05 | 31-Mar-04 | |
| Total Income | 3516.89 | 9958.72 | 7459.93 | 6261.91 | 6431.52 | 5224.31 |
| Profit After Tax (PAT) | 101.02 | 423.78 | 88.56 | 79.32 | 59.08 | 174.91 |
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