Subh Tex India IPO Latest News Today

Subh Tex India Ltd is entering in the capital markets (through BSE SME) with an initial public offering, IPO of 3,500,000 Equity Shares of Rs 10/- each aggregating upto Rs 3.5 Crore. The price for the issue has been fixed at Rs 10/- per share.

Subh Tex India Limited Ltd is an ISO 9001:2008 certified company and engaged in the business of manufacturing fabric viz suiting & shirting for the
domestic and international market. They export their finished suitings to various countries in the Middle East region. Also, They do trading activities of various materials (semi-finished and finished products) in the textile market.

The issue opens on Sep 30, 2013 and closes for subscription on Oct 07, 2013. The equity shares of the issue are proposed to be listed on the SME Platform of BSE Limited.