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Piotex IPO
Piotex Industries Ltd
₹1,12,800 /1200 sharesMinimum Investment
Piotex IPO Details
| Bidding Dates | Min. Investment | Lot Size | Price Range |
|---|---|---|---|
| 10 May ‘24 - 14 May ‘24 | ₹1,12,800 | 1,200 | ₹94 - ₹94 |
| Issue Size |
|---|
| 14.47Cr |
About Piotex
Parent organisation
Piotex Industries Ltd
Strengths & Financials of Piotex
Strengths
Risks
Existing client relationship.
Committed to total customer satisfaction.
Excellent & competent team.
Technical Expertise.
The company is dependent on its vendors to procure its products and does not have any manufacturing facilities of its own. The company's business is therefore dependent to a large extent on expected performance and operation of its vendor partners.
The company face substantial competition in the textile business, both from Indian and international companies, which may adversely affect its revenues.
Any increase in the prices of its raw material and any decrease in the supply of the company raw materials, primarily cotton, will materially and adversely affect its business, results of operations and financial condition.
The company has entered into Sole selling and Job work Agreements with the various spinning units for manufacturing and trading the products. Any termination of such agreements may have adverse effect on its business, prospects, results of operations and financial condition.
Piotex Financials
*All values are in Rs. Cr
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Application Details of Piotex IPO
| Apply as | Price band | Apply Range |
|---|---|---|
| Regular | ₹94 - 94 | ₹2 - 5 Lakh |
| High Networth Individual | ₹94 - 94 | ₹2 - 5 Lakh |
For Piotex IPO, eligible investors can apply as Regular.