Texmo IPO Latest News Today

Texmo Pipes & Products Ltd IPO Listing Info -

Listing Date: Wednesday, March 10, 2010
BSE Script Code: 533164
Listing In: 'B' Group of Securities
ISIN: INE141K01013
Issue Price: Rs. 90.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Texmo Pipes & Products Ltd IPO Listing Info -

Listing Date: Wednesday, March 10, 2010
BSE Script Code: 533164
Listing In: 'B' Group of Securities
ISIN: INE141K01013
Issue Price: Rs. 90.00 Per Equity Share
Face Value: Rs. 10.00 Per Equity Share

Texmo Pipes & Products Ltd IPO allotment Status is now available online.

Texmo Pipes IPO was open on Feb 16, 2010 and closed on Feb 19, 2010. IPO was oversubscribed by 7.48 times (7.2632 times in retail).

Texmo Pipes & Products Ltd IPO allotment Status is now available online.

Texmo Pipes IPO was open on Feb 16, 2010 and closed on Feb 19, 2010. IPO was oversubscribed by 7.48 times (7.2632 times in retail).

Texmo Pipes & Products Ltd IPO finally subscribed 7.48 times. Texmo Pipes IPO was open on February 16, 2010 and closes today on February 19, 2010 for subscription. Texmo Pipes has received bids for 3,74,02,425 shares as against issue size of 50,00,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 1.0204 Times

Non Institutional Investors: 30.4962 Times

Retail Individual Investors (RIIs): 7.2632 Times

Employee: 0.3143 Times

Total: 7.48 Times

Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.

Texmo Pipes is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/-.

The issue opens on February 16, 2010, and closes for subscription on February 19, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Texmo Pipes & Products Ltd IPO subscribed 1.75 times on its day 3. Texmo Pipes IPO was open on February 16, 2010 and will close on February 19, 2010 for subscription.

Oversubscription detail for Day 3

Qualified Institutional Buyers (QIBs): 1.0204 Times

Non Institutional Investors: 5.6239 Times

Retail Individual Investors (RIIs): 1.2194 Times

Employee: 0.0578 Times

Total: 1.75 Times

Texmo Pipes & Products Ltd IPO subscribed 0.38 times on its day 1. Texmo Pipes IPO opens today on February 16, 2010 and closing on February 19, 2010 for subscription. Texmo Pipes has received bids for 18,86,625 shares as against issue size of 50,00,000 shares.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs): 0.2041 Times

Non Institutional Investors: 0.9206 Times

Retail Individual Investors (RIIs): 0.4140 Times

Employee: 0.0000 Times

Total: 0.38 Times

Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.

Texmo Pipes is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/-.

The issue opens on February 16, 2010, and closes for subscription on February 19, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Texmo Pipes & Products Limited is engaged into manufacturing of range of PVC and HDPE pipes viz. suction & delivery hose pipe, rigid PVC pipes, elastomeric sealing ringfit PVC Pipe (Gasket Pipe), PVC casing and ribbed screen casing pipes, SWR pipe, plumbing pipe, conduit pipe, caping casing strips, column pipe, HDPE plain pipe, sprinkler pipe, PLB HDPE cable duct and drip irrigation system.

Texmo Pipes is entering in the capital markets with an initial public offering, IPO of 50,00,000 Equity Shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue. The price band for the issue has been fixed at Rs 85/- at lower level and Rs 90/- at upper level for equity share of Rs 10/-.

The issue opens on February 16, 2010, and closes for subscription on February 19, 2010. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).