BIRLA COTSYN (INDIA) LIMITED

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.