Piotex Industries
Piotex Industries Info
Details about the Piotex Industries IPO. Opening Date of Piotex Industries is 10 May 24 and Closing Date is 14 May 24 . Face Value of Each share of Piotex Industries is ₹10 per share. Fixed price of Piotex Industries is ₹94. The Lot size of Piotex Industries is 1,200 shares. Total issue size of Piotex Industries IPO is ₹14.47 cr. Fresh Issue of Piotex Industries IPO is 14.47 cr. This is a Fixed Price Issue IPO. Expected to list on BSE SME. Share Holding Pre Issue of Piotex Industries is 3,564,000. Share Holding Post Issue of Piotex Industries is 5,103,600.
Business Summary
Piotex Industries is in business of contract manufacturing and trading of yarn, fabric and cotton bales. Company's Products are used for various purposes such as garments & home furnishings, etc.
Company is engage in trading of cotton bales. They also manufacture cotton yarn through out-sourcing model (Job-work) which are almost always in demand by the garment manufacturing industry.
Piotex Industries IPO Details
| Open Date | 10 May 24 |
|---|---|
| Close Date | 14 May 24 |
| Face Value | ₹10 per shares |
| Price | ₹94 |
| Lot Size | 1,200 Shares |
| Total issue Size | 1,539,600 Shares ₹14.47 cr |
| Fresh Issue | 1,539,600 Shares ₹14.47 cr |
| Issue Type | Fixed Price Issue |
| Listing At | BSE SME |
| Share Holding Pre Issue | 3,564,000 |
| Share Holding Post Issue | 5,103,600 |
| Market Maker | Spread X Securities |
| Market Maker Portion | 78,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Piotex Industries IPO Timeline
The Piotex Industries Initial Public Offering (IPO) is set to open on 10 May 24 and will end its subscription phase on 14 May 24. You can check your allotment status for Piotex Industries on 15 May 24. The refund process for your funds will start promptly on 15 May 24. Piotex Industries IPO credit of shares will be on 16 May 24. The listing date for Piotex Industries is on 17 May 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Piotex Industries IPO Reservation
The Piotex Industries IPO reserves shares for different investor categories. Approximately 50% of the net offer will be available for NII, 50% of the net offer will be available for Retail,
78,000 Shares will be reserved for subscription by Spread X Securities
| Investor Category | Shares Offered |
|---|---|
| NII | 50% of the net offer |
| Retail | 50% of the net offer |
Piotex Industries IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 112,800 |
| Retail (Max) | 1 | 1,200 | 112,800 |
| HNI (Min) | 2 | 2,400 | 225,600 |
Piotex Industries IPO Promoters Holding
Promoters holding details for Piotex Industries in the current issue is as follows: The share holding of promoters before the issue stands at 100%, and after the issue, it has been adjusted to 69.83%.
Promoters of Piotex Industries are Mr. Abhay Shriram Asalkar, Mr. Yogesh Omprakash Nimodiya,
| Share Holding Pre Issue | 100% |
|---|---|
| Share Holding Post Issue | 69.83% |
Piotex Industries Financial Information
Financial performance details for Piotex Industries over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Mar 24 | 31 Mar 23 | 31 Mar 22 |
|---|---|---|---|
| Assets | 3,610.59 | 1,757.68 | 1,385.47 |
| Revenue | 11,893.88 | 8,667.21 | 8,046.39 |
| Profit After Tax | 300.8 | 288.75 | 74.29 |
Piotex Industries IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Piotex Industries are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 11.14 |
| ROCE | 33.20% |
| ROE | 44.99% |
| RoNW | 33.53% |
| EPS (Rs) | 8.44 |
Object of the Issue
- • Funding the Working Capital Requirement
- • General Corporate Purpose
Contact Details for Piotex Industries
Phone
Office
F/II Block, Plot No. 16/2, M.I.D.C., Pimpri Pune - 411018
Registrar Details for Piotex Industries
Cameo Corporate Services Limited
Phone
Office
Subramanian Building”, No. 1, Club House Road, Chennai -600002, India
Lead Manager
- • Beeline Capital Advisors Pvt Ltd