BIRLA COTSYN (INDIA) LIMITED - IPO

BIRLA COTSYN (INDIA) LIMITED
Period	30-Jun to 09-Jul 2008
Size (Rs.)	Rs. 1075 millions
Type	100% Book Built Issue (Initial Public Offer IPO)
Face Value	Rs. 10-
Price Range	Rs 15 to Rs 18
Market Lot	350
Max shares Retails investor can apply at cut off	350
Registrar	ADROIT CORPORATE SERVICES PVT LIMITED
Registrar's email	birla_ipo@adroitcorporate.com
Lead Manager	ALLBANK FINANCE LIMITED
Listing	BSE, NSE
Grading
About the company
Incorporated: 1941 Promoted by Yash Birla group Business: Cotton Ginning, Pressing & Oil expelling, Manufacture of Synthetic yarn, High quality Synthetic, Blended Ring Spun Yarns for usage in Woven and Knitted Fabrics, Textiles, Blankets, Towels, Upholstery, Furnishings, Curtains, Bed sheets, Made-up and Industrial Fabrics. Birla has excellent sales network in India and abroad for Grey and Dyed Solid Griddles, Fancy, Industrial Knitting and Sewing Ring Spun Yarns in various blends and count range from NE 8s to 60s. Client: Wide network through out India in major textile centers namely Indore, Mumbai, Surat, Ahemedabad, Solapur, Kanpur Meerut, Delhi, Amritsar, Ludhiana,.Paniput, Ichalkaranji, Bhagalpur, Calcutta etc. Exports: To Yeman and Turkey. Units: Sheagaon Road, Khamgaon, Dist. Buldhana, Maharashtra; MIDC, Khamgaon, Dist. Buldhana, Maharashtra; Ghataji, Maharashtra ; Parola Road, Dhule, Dist. Yavatamal, Maharashtra and MIDC Area, Malkapur, District Buldhana, Maharashtra, (under implementation).
Objects of the Issue
Expansion Of Integrated Textile Project At Khamgoan And Malkapur; Set up a garment manufacturing plant; Establish retail outlets; General corporate purposes; Meeting the Public Issue Expenses.