Kiri Dyes & Chemicals, manufacturer of synthetic organic and dye intermediates, ended the day at Rs 158.95 on the NSE with a premium of 5.97% on its issue price of Rs 150.
On the NSE, the stock had touched an intraday high of Rs 228.70 and intraday low of Rs 156.15. Its total traded quantity was 1,22,02,553 shares and turnover was Rs 211.65 crore.
On the BSE, Kiri Dyes closed at Rs 158.55. It has touched an intraday high of Rs 204 and intraday low of Rs 151. The total traded quantity was 1,23,02,573 shares.
The share opened at Rs 184 on the NSE and at Rs 151 on the BSE.
The company had entered capital market with its IPO of 37,50,000 equity shares of Rs 10 each and raised funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates.
Source: Moneycontrol.com
Showing posts with label Kiri Dyes and Chemicals IPO. Show all posts
Showing posts with label Kiri Dyes and Chemicals IPO. Show all posts
Tuesday, April 22, 2008
Monday, April 21, 2008
Kiri Dyes & Chemicals to list on April 22
Kiri Dyes & Chemicals, manufacturer of reactive dyes also known as Synthetic Organic and Dye Intermediates will list on the bourses with its equity shares on April 22, 2008.
It has been fixed the issue price at Rs 150 per equity share for its IPO of 37,50,000 equity shares of Rs 10 for cash at a price determined through 100% book building process.
The initial public offering was subscribed 1.43 times, as per NSE website. Reserved portion of retail investors was subscribed 2.38 times followed by qualified and non institutional buyers' portion subscribed by 0.79 times and 1.36 times, respectively.
The issue raised funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
It has been fixed the issue price at Rs 150 per equity share for its IPO of 37,50,000 equity shares of Rs 10 for cash at a price determined through 100% book building process.
The initial public offering was subscribed 1.43 times, as per NSE website. Reserved portion of retail investors was subscribed 2.38 times followed by qualified and non institutional buyers' portion subscribed by 0.79 times and 1.36 times, respectively.
The issue raised funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Wednesday, April 2, 2008
Kiri Dyes and Chem IPO subscribed fully
The initial public offering of the Ahmedabad-based Kiri Dyes and Chemicals (KDCL), manufacturer and exporters of dyes and dyes intermediates, has subscribed 1.17 times, till 3 pm as per NSE website. The issue has received bids for 43.88 lakh shares as against shares on offer.
Qualified and non institutional buyers were supporters to the issue; their reserved portion subscribed by 0.92 times and 1.84 times, respectively, till yesterday.
The issue has opened for subscription with its IPO of 37.5 lakh equity shares of face value of Rs 10 each, to raise funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The price-band is between Rs 125 to Rs 150 per equity share.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Qualified and non institutional buyers were supporters to the issue; their reserved portion subscribed by 0.92 times and 1.84 times, respectively, till yesterday.
The issue has opened for subscription with its IPO of 37.5 lakh equity shares of face value of Rs 10 each, to raise funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The price-band is between Rs 125 to Rs 150 per equity share.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Sunday, March 30, 2008
Kiri Dyes and Chem IPO subscribed 0.57 times
The initial public offering of the Ahmedabad-based Kiri Dyes and Chemicals (KDCL), manufacturer and exporters of dyes and dyes intermediates, has subscribed just 0.57 times, as per NSE website. The issue has received bids for 21.40 lakh shares as against shares on offer.
Qualified and non institutional buyers were supporters to the issue; their reserved portion subscribed by 0.92 times and 0.59 times, respectively.
The issue has opened for subscription with its IPO of 37.5 lakh equity shares of face value of Rs 10 each, to raise funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The price-band is between Rs 125 to Rs 150 per equity share.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Qualified and non institutional buyers were supporters to the issue; their reserved portion subscribed by 0.92 times and 0.59 times, respectively.
The issue has opened for subscription with its IPO of 37.5 lakh equity shares of face value of Rs 10 each, to raise funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The price-band is between Rs 125 to Rs 150 per equity share.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Tuesday, March 25, 2008
Kiri Dyes IPO opens for subscription
The Ahmedabad-based Kiri Dyes and Chemicals (KDCL), manufacturer and exporters of dyes and dyes intermediates, is open for subscription with its initial public offering (IPO) of 37.5 lakh equity shares of face value of Rs 10 each, to raise funds for executing its backward integration project for manufacturing three key raw materials for dye intermediates. The price-band has been fixed at Rs 125 to Rs 150 per equity share.
The company has made pre-IPO placement of 12.50 lakh equity shares to an investor, the amount aggregating to Rs 14.44 crore, which the company proposes to utilise towards the objects of the issue.
The backward integration project is proposed to be located in Vadodara district and will have combined production capacity of 1.80 lakh mtpa. The company is setting up the plant with latest double-absorption technology and a power plant of 2.9 MW capacity, which can run from the steam generated by the sulphuric acid plant. With the implementation of backward integration project for manufacturing of intermediates, the company aims to enhance market share and capitalise on the opportunity for high growth in chemicals and dyes industry with reduction in operating costs, research and development, quality controls, and offer competitive price to domestic and international players.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
The company has made pre-IPO placement of 12.50 lakh equity shares to an investor, the amount aggregating to Rs 14.44 crore, which the company proposes to utilise towards the objects of the issue.
The backward integration project is proposed to be located in Vadodara district and will have combined production capacity of 1.80 lakh mtpa. The company is setting up the plant with latest double-absorption technology and a power plant of 2.9 MW capacity, which can run from the steam generated by the sulphuric acid plant. With the implementation of backward integration project for manufacturing of intermediates, the company aims to enhance market share and capitalise on the opportunity for high growth in chemicals and dyes industry with reduction in operating costs, research and development, quality controls, and offer competitive price to domestic and international players.
The shares will be listed on Bombay Stock Exchange and National Stock Exchange of India. The book running lead manager to the issue is Centrum Capital.
Source: Moneycontrol.com
Subscribe to:
Posts (Atom)
