Piotex Industries is within the trade of contract production and buying and selling of yarn, material, and cotton bales. Their Products are used for more than a few functions corresponding to clothes & house furniture, and many others. They manufacture the cotton bales on a freelance foundation. They additionally manufacture cotton yarn thru an out-sourcing type (Work) which is nearly at all times in call for by means of the garment production trade.
They make certain the constant high quality of the Cotton Yarn as from the start they have got the facility of variety and keep watch over of uncooked subject matter from the farm. The corporate additionally makes a speciality of fine quality yarn and materials using the most efficient era, on the best costs and keeping up long-term affiliation with their shoppers. The stage of development within the process paintings procedure determines the productiveness of machines and hard work, which in flip, determines the manufacturing and profitability of the Company. Their technical crew is supplied with trendy era and processing tactics during which they may be able to make certain high quality output.
The corporate’s crew of professional pros contains undertaking managers and high quality assurance experts. The huge enjoy and experience of their respective domain names permit them to ship answers which might be of the very best quality and meet the perfect trade requirements. Their Business Process contains manufacturing & use of yarn right through the producing procedure. They undertaking to fulfill shoppers by means of steady growth thru procedure innovation and high quality upkeep. They focal point on generating high quality merchandise to extend buyer pride and broaden a good emblem symbol within the trade. Their control and crew have enabled them to handle proceeding buyer family members, making sure repeat order flows.
Objects of the Issue:
- Funding the Working Capital Requirement
- General Corporate Expenses
Piotex Industries IPO Review
Piotex Industries IPO Date & Price Band Details
IPO Open: | May 10, 2023 |
IPO Close: | May 14, 2023 |
IPO Size: | Approx ₹14.47 Crores, 1,539,600 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹94 Per Equity Share |
IPO Listing on: | BSE SME |
Retail Quota: | 50% of the online be offering |
QIB Quota: | [.]% of the online be offering |
NII Quota: | 50% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Piotex Industries IPO Market Lot
The Piotex Industries IPO minimal marketplace lot is 1200 stocks with a ₹112800 software quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹112800 |
Retail Maximum | 1 | 1200 | ₹112800 |
S-HNI Minimum | 2 | 2400 | ₹225600 |
Piotex Industries IPO Dates
The Piotex Industries IPO date is May 10 and the IPO shut date is May 14. The IPO allotment date is May 15 and the IPO may record on May 17.
IPO Open Date: | May 10, 2023 |
IPO Close Date: | May 14, 2023 |
Basis of Allotment: | May 15, 2023 |
Refunds: | May 16, 2023 |
Credit to Demat Account: | May 16, 2023 |
IPO Listing Date: | May 17, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
Piotex Industries IPO Form
How to use Piotex Industries IPO? You can practice Piotex Industries IPO by the use of ASBA to be had on your checking account. Just cross to the net financial institution login and practice by the use of your checking account by means of deciding on the Piotex Industries IPO within the Invest phase. The different possibility you’ll be able to practice Piotex Industries IPO by the use of IPO bureaucracy obtain by the use of the BSE web site. Check out the Piotex Industries bureaucracy – click on BSE IPO Forms obtain, fill and put up on your financial institution or together with your dealer.
Piotex Industries Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2022 | ₹80.22 | ₹79.47 | ₹0.74 |
2023 | ₹86.01 | ₹82.75 | ₹2.89 |
2024 | ₹118.46 | ₹114.92 | ₹3.01 |
Piotex Industries IPO Valuation – FY2024
Check Piotex Industries IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹8.48 in step with Equity Share |
Price/Earning P/E Ratio: | 11.08 |
Return on Net Worth (RoNW): | 33.53% |
Net Asset Value (NAV): | ₹25.17 in step with Equity Share |
Peer Group
- Mr. Abhay Shriram Asalkar
- Mr. Yogesh Omprakash Nimodiya
Piotex Industries IPO Registrar
Cameo Corporate Services Limited
Phone: +91-44-40020700
Email: [email protected]
Website: https://ipo.cameoindia.com/
Piotex Industries IPO Allotment Status
Check Piotex Industries IPO allotment standing on Cameo Corporate web site URL. Click Here
Piotex Industries IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Private Limited
Company Address
Piotex Industries Limited
F/II Block, Plot No. 16/2, M.I.D.C.,
Pimpri, Pune, Maharashtra – 411018
Phone: +91-9156744401
Electronic mail: [email protected]
Website: www.piotexindustries.com
Piotex Industries IPO FAQs
What is Piotex Industries IPO?
Piotex Industries IPO is an BSE SME IPO. They are going to carry ₹14.47 Crores by the use of IPO. The factor is priced at ₹94 in step with fairness proportion. The IPO is to be indexed on BSE.
When Piotex Industries IPO will open?
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What is Piotex Industries IPO Size?
What is Piotex Industries IPO Price Band?
Piotex Industries IPO Price Band is ₹94 in step with fairness proportion.
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What is Piotex Industries IPO Listing Date?
Note: The Piotex Industries IPO main points are introduced formally. The IPO gray marketplace top rate (Piotex Industries IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH