Fineotex Chemical Ltd IPO Message Board (Page 2)

NIFTY 5246 AND SENSEX 17576 AT 3.17 PM

BAD NEWS EVERY WHERESENSEX DOWN 600 POINTS AND NIFTY DOWN 188 POINTS

बैंक को 100bn के लिए खुदरा निवेशकों से oversubscription तक स्वीकार करने का फैसला किया है
The bank has decided to accept oversubscription from retail investors up to 100bn

if i apply for 50 bonds ie 5lac application
den is is guaranteed dat i ll get all d 50 bond allotment?
& how wil b d listing?
wat is d premium on one bond?

23.2.2011-Sub nse+bse
QIB-0.0 times
NII-0.08 times
RII-0.93 times
Total-0.34 times
Last date-25.2.2011

hey all can u tell me is sbi bond will list on both exchange or only in nse??

kindly reply as its urgent

FINEOTEX CHEMICALS


Fineotex Chemical Limited (FCL) was incorporated as a Private Limited Company under The Companies Act 1956, on January 30, 2004. Its constitution was changed to a Public Limited Company on October 19, 2007. FCL is in the business of manufacturing specialty chemicals and enzymes consumed by the Textile and Garment Industry, Leather, Water Treatment, Construction, Paper, Paint, Adhesives, Agrochemical and other industries. Its existing plant is located at Mahape in Navi Mumbai and has an installed capacity of 5,000 MT/annum.

The company also provides adhesives for the wood working and handicraft, cigarette, sticker, and bindi industries; defoamers and anticaking agents for the agrochemical industry; and defoamers, emulsions, paper softeners, and antisetting agents for the paper and paint industries. Fineotex Chemical Limited exports its products to Brazil, Bangladesh, Indonesia, Thailand, Bulgaria, Pakistan, Colombia, Singapore, Sri Lanka, and Tanzania through merchant exporters and export houses.

On a total operating income of Rs. 20.92 crore in FY10, FCL earned a PAT of Rs. 3.50 crore. As per the audited results for H1FY11, FCL earned a PAT of Rs.2.15 core on total operating income of Rs.13.48 crore.

Net Asset Value/Book
Value per share (Rs.)
7.1 6.7 9.47 14.58 17.62 22.59

Particulars 31.03.05 31.03.06 31.03.07 31.03.08 31.03.09 30.09.09
Weighted Average Number of
Equity Shares at the end of the
Year/Period
(face value of Rs. 10)
A
10000 10000 14630 678045 7018600 7018600
Net Profit after Tax available for
equity shareholders (Rs. in Lacs)
B
(0.03) (0.04) 0.26 385.87 295.59 248.78
Earning per share (In Rs.) C = B/A
(0.30) (0.40) 1.77 5.69 4.21 3.49

I AM APPLING IN FULL SHOT AS I SEEN THIS WILL GIVE VERY VERY GOOD RETURN .THIS IPO WILL BE DRIVEN BY SOME OPERATORS LIKE THINKSOFT MIDFIELD

The following are the catagories of products manufactured by FINEOTEX. If you need further information about the products or the price details you may contact us. Besides the listed products we can supply other chemicals as per your specific requirements at the most competitive rates.

Pretreatment Process

Desizing Agents
Wetting and Penetrating Agents.
Sequestering Agents
Demineralising Agents
Wetting agents cum Detergents
Silicone and Non-silicone type Defoamers
Non-silicate Peroxide Stabilisers
Peroxide Killers
Polyester Weight Reducing Catalyst.
Anti-back staining Agent
Core Alkali Neutraliser

Dyeing Process
Sequestering Agents
Silicone and Non-silicone type Defoamers
Acid Buffers
Polyester Dyeing Process Carrier
Dispersing Agent and Oligomer Removing Agents
Levelling agents
Anticrease Lubricants
Washing off Agents
Dye-fixing Agents with and without formaldehyde
Soda Ash Substitute for Reactive Dyeing
Cationising Agent for Pigment Dyeing
Reduction Clearing Agents

Printing Process
Dispersing, Penetrating, Swelling, Levelling and Defoaming Agents,Antifroathing agents
Fixation Accelerator in Polyester Printing fixed on Loop Steamer
Binders-Acrylic, Self-thickening for Gold and Flock
Fixers in Pigment Printing
Thickeners
White Inks
Washing off Agents

Finishing Process
Stiffeners
Softeners- Cationic, Nonionic, Hydrophilic and Non Yellowing Softners
Silicone Emulsions-Amino, Elastomer, Micro and Hydrophilic Silicone Emulsions
Wax Finishing Process Agents.
Antistatic Agents.
Water Repellants and Soil Resisting Agents.
Polyurethane Finishing Agent
Crease Recovery Agent-DMDHEU (with and without Built-in Catalyst)
Anti-pilling cum Antislip Agent
Enzymatic Bio-polishing Agents
Yarn Lubricants

Adhesives

Pretreatment Process
Desizing Agents Wetting Agents Mercerising Agents Sequestering Agents Scouring Agents Peroxide Stabilisers Peroxide Killers Polyester Weight Reduction Catalyst Antibackstaining Agents

Dyeing Process
Sequestering Agents Silicone Defoamers
Buffering Agents
Polyester Dyeing Process Carriers Agents
Dispersing Agents
Levelling Agents
Lubricants Anticrease Agents
Washingoff Agents
Dyefixing Agents Non Formaldehyde Agents
Sodaash Substitute Agents
Cationising Agents

Printing Process
Dispersing Penetrating Leveling Agents Fixation Accelerators Polyester
Binders
Fixers Pigment Printing Process
Thickeners
White Inks
Washing Agents

Finishing Process
Stiffeners Softeners Cationic Nonionic
Silicone Softeners Emulsions
WaxFinishing Process Agents
Antistatic Agents
Waterrepellants Agents
Polyurethane Agents
Creaserecovery Agents DMDHEU
Delustering Agents
Antipilling Agents
Biopolishing Agents

Adhesives
Construction-Chemicals

For 7) rajiv jain:- If you think that ways mr jain then why dont you put in a couple of 2 lacks application in your and your family's name in this ipo sir.

ANOTHER CHEMICAL IPO TO DISSOLVE OUR MONEY .AGREE WITH GANE TO AVOID IT .
IT WILL REMAIN ON MERCY OF OPERATORS IT THERE ARE ANY CHANCE OF GAINS, BUY OR SELL ON LISTING DAY WITH STOP LOSS .AT LEAST WE WIL NOT LOOSE 50% ON MONEY IN 2 MINUTES

Hitesh B

Are you relative of promoter OR ADV guys?

Sreedhar sir,

Any inputs on this IPO, one should apply or not ??

Please advice....

Just forty lac shares and twenty five cr of issue size a single operator can drive this at whatever way they want. Lets see what happen

We had good Chemical from Omkar now next dose Chemical from Fineptex

The company is controlled by a close knit family, comprising of

1. Mr. Surendra Kumar Tibrewala, aged 53 years,
2. Mr. Sanjay S. Tibrewala, aged 28 years,
3. Mrs. Kanaklata S. Tibrewala
4. Ms. Ritu S. Tibrewala Aged 25 years.

I do not know if this family is related to the Tiberwalas, who are the promoters of the Coimbatire based Gangotri Textiles, which has been increasingly pushed into worsening difficulties and galloping losses in recent years, due to gross mismanagement. The rot was injected when brothers decided to separate, and in the process, one brother was paid Rs.15 crores, about twice its then paid up capital, as a 10 year loan at 6% interest, when Gangotri Textiles was itself borrowing money from banks at thrice that rate, or more. This was done without even getting the approval of the share holders.

Better to get the clarification, study the track record of the promoters of Fineotex before investing even a dime.

N.Narasimhan

I not suggest to Not Apply no listing Gain no Fundamental so no applt no Gaine onlt Satta

@ Gane,

I don't even heard about this company...
They might be selling chemicals to dyeing industries directly...
I don't think they would have any direct stores out here...

However the Dyeing business were facing severe problems of pollution control, the case was in Supreme court...
And some few year before itself they had stopped issue of license to new units...

@ KK,

Ya it's my Pettai, "Enga Area"...
But i had not heard about them...