Tuesday, May 28, 2024

Piotex Industries IPO Date, Review, Price, Allotment Details

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.

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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.

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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.

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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?

The IPO is to open on May 10, 2023 for NII, and Retail Investors.

What is Piotex Industries IPO Investors Portion?

The traders’ portion for NII is 50%, and Retail is 50%.

How to Apply the Piotex Industries IPO?

You can practice Piotex Industries IPO by the use of ASBA on-line by the use of your checking account. You too can practice for ASBA on-line by the use of UPI thru your inventory agents. You too can practice by the use of your inventory agents by means of filling up the offline shape.

How to Apply the Piotex Industries IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Piotex Industries”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Piotex Industries IPO thru Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Piotex Industries”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Piotex Industries IPO thru Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Piotex Industries”. Click on Bid Button. Confirm your software. Now cross in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Piotex Industries IPO Size?

Piotex Industries IPO dimension is ₹14.47 crores.

What is Piotex Industries IPO Price Band?

Piotex Industries IPO Price Band is ₹94 in step with fairness proportion.

What is Piotex Industries IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 stocks with ₹112,800.

What is Piotex Industries IPO Allotment Date?

Piotex Industries IPO allotment date is May 15, 2023.

What is Piotex Industries IPO Listing Date?

Piotex Industries IPO checklist date is May 17, 2023. The IPO to record on BSE SME.

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

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